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Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
Apartments Moliakalnio st. Vilnius XI
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.
  • High Completion Level: The project has currently reached 89% completion.
  • Increasing Value: Since the last financing stage, the project's value has increased by EUR 1,446,628 – from EUR 2,898,000 to EUR 4,344,628.
  • Strong Interest: 8 preliminary purchase agreements have already been signed, and 4 more are expected to be signed soon, confirming the liquidity of the apartments.

Interest by investment amount:
– From 100 EUR to 349 EUR – 7.50%
– From 350 EUR to 749 EUR – 8.00%
– From 750 EUR to 4 999 EUR – 8.50%
– From 5 000 EUR to 14 999 EUR – 9.00%
– From 15 000 EUR – 9.5%
Important: investments made separately are not aggregated and cannot be pooled.

About the Project:
The project owner is developing a multi-apartment residential project on land owned since 2023 in Dvarčionys, Vilnius. The development consists of four three-storey apartment buildings. The total building area will reach 2,829 m², with a total saleable apartment area of 1,492.84 m² and an average apartment size of 53.31 m². For residents' convenience, 34 underground parking spaces and 17 storage rooms will be installed. All apartments will be sold fully finished.

Construction is proceeding on schedule, and the current registered completion rate is 89%: first-floor terraces, electrical systems, and attic partitions have been completed. Since the last stage, the project’s value has increased from EUR 2,898,000 to EUR 4,344,628. Currently, 8 preliminary purchase agreements have been signed, representing 28.57% of all apartments, with 4 more expected soon, demonstrating strong buyer interest and high project liquidity. Funds raised in this stage will be allocated to the final construction works.

Loan Information:
The planned total revenue from the sale of the four fully completed apartment buildings, parking spaces, and storage rooms is EUR 4,684,064 excluding VAT. The loan will be repaid from sales revenue, and interest to investors will be paid from the project owner's business income.

Maximum financing amount: EUR 3,200,000 (of which 1 883 700 EUR already raised). The project is financed based on the current valuation of the pledged property, until the maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is achieved, a new valuation will be required. Further financing stages will only proceed if the set LTV limit is not exceeded.

The target amount is planned to be raised within 7 days, with the option to extend up to 30 days if not fully raised.

Location
Moliakalnio st. 42, 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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