- Splitting and repairing units: The acquired apartment will be reconstructed and transformed into three separate, marketable units. Each unit will be fully furnished and ready for sale to make it attractive to potential buyers.
- The property is strategically located: The apartment is close to Vilnius Old Town and the vibrant city centre.
- Sales strategy: The three renovated units will be sold separately to achieve a maximum combined sale value of EUR 178 000. The project seeks to take advantage of the favourable location of the property and the market demand for such units.
About the project:
The company's founders have extensive experience in real estate sales and long-term and short-term rentals. Working together as members of MB "NT Vilkai", they have successfully implemented real estate projects with a total area of over 4 000 sq. m.
About the project:
Each apartment will have its own unique number and will be registered in the Register of Center. All necessary permits for the division of the apartment have already been obtained. The apartments will be fully furnished and sold with appliances and furniture. The apartment is currently rented out for short-term stays as three separate units and generates 2,100 EUR in rental income per month. The loan will be repaid from the sales proceeds, and interest to investors will be paid from the project owner's operating income.
Interest by investment amount:
– From EUR 100 to EUR 249 – 9.20%
– From EUR 250 to EUR 499 – 9.70%
– From EUR 500 to EUR 1 499 – 10.20%
– From EUR 1 500 to EUR 4 999 – 10.70%
– From EUR 5 000 – 11.20%
Important: investments made separately are not aggregated and cannot be pooled.
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
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.
