- Final Stage of Development: The “2Broliai” project is nearing completion, with two seven-storey apartment buildings of A++ energy efficiency class developed, comprising a total of 38 planned apartments. The remaining financing funds will be used for the final construction works and payments to suppliers.
- Strong Sales Progress: Of the 38 apartments planned in the project, 32 have already been sold – all 19 apartments in the first building and 13 in the second. The remaining 5 pledged apartments are expected to be sold within the next 6 months.
- Experience with PROFITUS: The project owner has successfully completed 2 projects in cooperation with PROFITUS.
Interest Rates by Investment Amount:
– From 100 EUR to 299 EUR – 8.80%
– From 300 EUR to 699 EUR – 9.00%
– From 700 EUR to 1 999 EUR – 9.25%
– From 2 000 EUR to 6 999 EUR – 9.50%
– From 7 000 EUR – 9.80%
Important: Separate investments are not added together and cannot be combined.
About the Project:
The project owner, UAB “Domanas”, is developing a residential project called “2Broliai”, located at Žeimenos g. 149, Kaunas. Two seven-storey apartment buildings of A++ energy efficiency class, comprising a total of 38 apartments, have been developed on a land plot owned by the company since 2019. The total project area is 2 428.04 m², of which 2 209.74 m² is saleable area.
The project includes 40 parking spaces: 10 beneath the buildings, 6 in the inner courtyard, and 24 along the street. The project is currently in its final stage of development, with the majority of apartments already sold. All 19 apartments in the first building have been sold through notarised sale and purchase agreements. In the second building, 13 out of 19 apartments have also been sold, while the remaining 6 apartments are still unsold. The average selling price of apartments sold in the second building is approximately 2 700 EUR/m² excluding VAT.
The funds raised during this financing stage will be used for continued project financing, providing the project owner with additional time to complete apartment sales and supporting the company's working capital needs. The loan is expected to be repaid from the proceeds of the remaining apartment sales.
One of the six unsold apartments (No. 13) is expected to be sold by November 2026 and will therefore not be pledged as collateral for this loan. The remaining 5 apartments (Nos. 2, 14, 17, 18 and 19) are expected to be sold within the next 6 months. These apartments will be pledged as collateral to secure the loan, with the expected loan-to-value ratio (LTV) reaching 76%.
Loan Information:
This loan will be repaid from the proceeds of the sale of the pledged property, while interest payments to investors will be made from the project owner's operating income.
Maximum planned project financing amount: 655 000 EUR. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and subsequent project financing stages will only be announced and funded if the established maximum LTV is not exceeded.
The planned loan term is 12 months. Funds for the project may be raised in stages, and the duration of this financing stage is 6 months. Upon expiry of this stage, if necessary, continued project financing may be carried out, meaning that funds may be raised through a new financing stage without exceeding the final maturity date of the project loan agreement.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the target amount is not reached.
About the Profitus
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.
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.
