Back to Profitus offerings
CrowdSpace is not liable for the content presented in this offering. Check with the information on the official Profitus website and make informed decisions based on your own research.

We present the second stage of the phased financing project - ,,Antakalnio ritmas. The raised funds will be allocated by the project owner for real estate development. The amount to be raised at this stage is EUR 250 000.

About the project:
"Antaklnio ritmas" is a new residential quarter in Vilnius, in the newly developing district Naujasis Antakalnis, designed with active people in mind, family privacy and tranquility surrounded by nature.

The aim of the project:
The project owner is developing a 20-apartment, 4-storey apartment building in Vilnius, Duburio Street. The total area of apartments is 1,186 square meters. Upon completion of construction, the apartments will be sold. The planned income from the sale of all apartments is EUR 2 134 800.

Progress of the project:
With the funds raised in the first phase, the owner of the project completed the masonry works of the apartment building and registered it. At the same time, they covered the roof, installed windows, and installed the electrical installation. Currently, water supply and sewage systems are being installed, underfloor heating is being installed, and paving stones are being laid in the area.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To protect the interests of investors, a 4-story, 20-apartment apartment building and a part of the land plot with an area of 26.5 ares are pledged at Duburio st. 10, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 1 162 810.

Maximum planned amount of funding for the project: EUR 1 100 000. The project is funded based on the current mortgage valuation until it reaches the maximum LTV set. When maximum LTV is reached, a new valuation of the property will be required and further project funding stages will be announced and collected only if the maximum LTV set is not exceeded.

Interest by investment amount:
- From 100 EUR to 499 EUR – 9,5%
- From 500 EUR to 1 999 EUR – 10%
- From 2 000 EUR to 4 999 EUR – 10,5%
- From 5 000 EUR to 9 999 EUR – 11%
- From 10 000 EUR – 11,5%
Important: investments made separately are not aggregated.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
What does Profitus offer?

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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.

Profitus alternatives

crowdfunding report 2023
Get our latest European Crowdfunding Market Report 2023

Our brand new report gives insights into the state of the crowdfunding market in general and goes in-depth regarding funding volumes, backer and fundraiser profiles, regulatory implications, technical challenges and more. Grab your copy, it's FREE!