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Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
Apartment Polocko st., Vilnius
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.
  • Liquid Asset: Both the property being acquired and the additionally pledged asset are characterized by high liquidity, with an expected sale period of up to 6 months.
  • Developer Experience: Since 2017, the project owner has completed 20 residential and commercial real estate projects with a total area of 3,700 m².
  • Strategic Location: The property is being acquired in one of the most prestigious districts of Vilnius – Užupis, near the city center, making it highly attractive and in demand on the real estate market.

Interest Based on Investment Amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 3 499 EUR – 8.20%
– From 3 500 EUR to 11 999 EUR – 8.60%
– From 12 000 EUR – 9.00%
Important: individual investments are not accumulated or combined.

About the Project:
The project owner intends to acquire an apartment in Vilnius, Užupis district, at Polocko st. 6-51. A preliminary purchase agreement has already been signed. The owner has already started renovation works and invested around 129 805 EUR in improvements, as well as paid an advance for the acquisition of the apartment.

After completing the renovation, the property will be sold on the market. The projected sales revenue is approximately 805 000 EUR, or 5 370 EUR/m².

At this stage, the funds raised will be allocated to the acquisition of the property. In further stages, additional funds will be used for the development of the acquired asset and to support the company’s working capital, which will be directed toward planned property acquisitions or advance payments.

Loan Information:
The loan will be repaid from the proceeds of apartment sales, while interest to investors will be paid from the company’s working capital.

Maximum financed amount: 600 000 EUR. The project is financed based on the current valuation of the pledged asset until the set maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new valuation must be performed, and further project financing stages will only be announced and opened if the set LTV threshold is not exceeded.

The targeted amount is planned to be raised within 7 days, with a possibility to extend up to 30 days if the funds are not fully raised.

Location
Polocko st. 6-5, Vilnius, Lithuania

About the Profitus

ECSP license

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.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 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. Profitus operates with Lemonway, a regulated payment service provider.

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