- Attractive location: The pledged property is located on Pylimo Street, in the heart of Vilnius, next to the Old Town. This part of the city stands out for its historic surroundings, abundance of cultural, leisure and dining venues, and convenient transport connections. The central location and limited housing supply in the historic part of the city create favourable conditions for property liquidity.
- Clear property sales strategy: The project owner plans to carry out cosmetic renovation works on the apartment and sell it. As the property is fully completed, no major construction or reconstruction works are planned.
- Experienced developer: The project owner's completed real estate developments have a total area of approximately 3 000 m². The company's director also has experience working with PROFITUS, having successfully completed several real estate projects in cooperation with the platform.
Interest rates based on investment amount:
– From 100 EUR to 249 EUR – 9.00%
– From 250 EUR to 649 EUR – 9.30%
– From 650 EUR to 1 499 EUR – 9.50%
– From 1 500 EUR to 3 999 EUR – 9.70%
– From 4 000 EUR to 7 499 EUR – 9.90%
– From 7 500 EUR – 10.20%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
In September 2026, the project owner acquired an apartment with a total area of 67.24 m², located in the centre of Vilnius, at Pylimo St. 63. The property is planned to be renovated and sold. The apartment is 100% completed and requires only cosmetic renovation, meaning that no major construction or reconstruction works are planned. The project owner has already completed part of the planned cosmetic renovation works.
The project is located in an attractive part of Vilnius, next to the historic Old Town. Pylimo Street benefits from well-developed infrastructure and convenient connections to other parts of the city. Restaurants, shops, service providers, cultural and leisure facilities are located nearby. The central location and limited real estate supply in the historic part of the city create favourable conditions for property liquidity.
The funds raised during this financing stage will be used to finance the renovation of the acquired apartment and other real estate projects developed by the project owner.
Loan information:
The loan will be repaid from the proceeds of the sale of this property or other real estate assets owned by the project owner. Interest payments will be covered by the company's operating income.
Maximum planned project financing amount: 200 000 EUR. The planned loan term is 12 months. Funds for the project may be raised in stages, and the duration of this financing stage is 12 months. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached.
The target amount is planned to be raised 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.
