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Vycio slenis VIII
Vycio slenis VIII
Vycio slenis VIII
Vycio slenis VIII
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  • Rapidly progressing development: The actual completion rate of the houses under construction exceeds 80%. Construction has already begun on the plot for which a building permit was issued in the previous phase; the building has been formed and registered.
  • Construction progress: In two out of six apartments, the internal partitions have been fully installed, and installation has begun in the remaining apartments. Facade works are being completed on one of the semi-detached houses. On the mortgaged land plot, a “box” with windows has been formed. The project owner has also registered the semi-detached house.
  • Growing property value: Since the previous stage, due to construction works carried out in the apartments, the value of the pledged property has increased from 868,595.04 EUR to 1,118,181.82 EUR.

Interest by investment amount:
– From 100 EUR to 499 EUR – 9.00% 
– From 500 EUR to 2 999 EUR – 9.30% 
– From 3 000 EUR to 9 999 EUR – 9.70% 
– From 10 000 EUR – 10.00%
Important:
 Individual investments are not aggregated and cannot be combined.

Aboute the project:
"Vyčio slėnis" is a residential housing project featuring single-storey, 236 m² semi-detached homes built to A+ energy efficiency standards. Future residents will enjoy well-planned homes with full interior finishing, spacious terraces and yards, as well as a safely fenced and landscaped environment. The homes are available either partially finished or fully furnished, depending on the client’s needs. Sales began at the end of February – currently, three apartments have been reserved and preliminary purchase agreements have been signed. The total sale price of two apartments amounts to three apartments has been set at 677,367 EUR.

Construction progress is moving forward rapidly, with an actual completion rate of over 80%. Work has already started on the plot where the building permit was obtained at an earlier stage: the owner of the project has formed and registered the semi-detached building in the Registry Centre. In one of the duplexes, the façade is being completed and four of the eight flats have already been fully fitted with internal partitions; in the remaining four flats, partitioning has already started.

Loan Information:
This loan will be repaid from the project's sales revenue, while interest payments to investors will come from the project owner's operational income.

The maximum planned project financing amount is 1,500,000 EUR, with an already raised active loan amount of 643 674,02 EUR. The project is financed based on the current valuation of the mortgaged property until the predetermined maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be conducted, and further project financing stages will only be launched if the set maximum LTV is not exceeded.

The targeted amount is expected to be raised within 7 days, with the possibility of an extension up to 30 days if the funds are not fully collected.

Location
Zilvicio st., Nemezis Elderage, Kloniu Village, Vilnius District, Lithuania

About the Profitus

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Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.

Investissement minimum
100 EUR
Retour annoncé
11,4%
Investisseurs
44,041
Options de paiement
Direct debit, Bank transfer
Volume de financement total
254,260,361 EUR
Durée moyenne du prêt
N/A
Qu'est-ce que Profitus offrir?

Profitus is a crowdfunding and investment platform whose main goal is to make investment available to everyone. Investments start at 100 euros, and the platform is open 24/7. Investments are secured by pledging real estate and other collateral (e.g., indemnity or warranty). Different projects have different security tools that users can access in self-service for each project.

Profitus consults with the Bank of Lithuania in order to ensure perfect compliance with the law. Profitus operates with Lemonway, a regulated payment service provider.

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