- Strategic location: The project is being developed in the central part of Druskininkai, next to cultural and leisure attractions such as the Druskininkai Aquapark, the Cable Car, and the Cultural Centre, ensuring high asset liquidity and attractiveness to buyers.
- Additional security: A guarantee for the entire loan amount is additionally provided by UAB "Dainija".
- Significant equity contribution: The project owner is participating in the project with a significant equity contribution – their investment accounts for 38 % of the total project costs.
Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 8.20%
– From 350 EUR to 749 EUR – 8.40%
– From 750 EUR to 2 499 EUR – 8.60%
– From 2 500 EUR to 7 499 EUR – 8.80%
– From 7 500 EUR – 9.00%
Important: Individual investments are not aggregated and cannot be combined.
About the Project:
The project owner is developing a residential real estate project at 11 Žalioji St., Druskininkai. The project is being implemented on a 15.67-are multi-apartment residential land plot with an unfinished building that was originally planned as a guest house. The building is currently being reconstructed in order to complete construction and change its purpose to a multi-apartment residential building.
The project includes 21 fully finished apartments, 14 underground and 7 above-ground parking spaces (one for each apartment), as well as 16 storage units. The total saleable area will be 1 081 m².
The first and second floors will comprise 19 compact apartments ranging from 40–47 m², each with a terrace or balcony, while the third floor will feature 2 spacious apartments of 101–103 m².
Since the previous financing stage, the project has achieved significant progress. The project has been redesigned from B to A++ energy efficiency class, and the public notification procedure for the new building permit has been completed. PIR insulation panels have been installed, ventilation shafts completed, window openings adjusted, and electrical installation works carried out. Façade and roof installation works are currently in progress.
The project's sales website, www.zalioji11.lt, has been launched. Market interest has already been observed; however, active sales are planned to begin after completion of the staircase, enabling property viewings together with the real estate partner UAB "OBER-HAUS".
According to the project owner, construction is expected to be completed in Q1–Q2 2027. Due to unfavourable winter conditions, the construction schedule has been slightly adjusted.
The project is located in the central part of Druskininkai, close to the city's main attractions: the Druskininkai Aquapark, the Culture and Congress Centre, the cable car to Snow Arena, and the newly developed Nemunas complex. The location is highly attractive for both residential living and investment purposes.
At this stage, the funds being raised will be used to continue the development works.
Loan information:
The loan will be repaid through planned refinancing. Interest to investors will be paid from the operating income of the Company's shareholder.
Maximum funding amount: 1 600 000 EUR (Already funded: 1 228 500 EUR). The Project is financed based on the current valuation of the pledged property until the maximum permitted loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation will be required, and subsequent Project financing stages will be announced and funded only if the established maximum LTV is not exceeded.
The target amount is planned to be raised within 7 days, with the possibility of extending the fundraising period up to 30 days if the required funds are not raised.
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.
