Back to Profitus offerings

Appartment, Kriausiu str.

Profitus
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.
100 %
  • Status funded
  • Goal 55,000 EUR (€)
  • Raised 55,000 EUR (€)
  • Investors 45
  • Interest rate 10.5%
  • Loan To Value(LTV) 57%
  • Credit Duration 6 month

The purpose of the project “Apartment, Kriausiu st.” – part of a residential house, address Kriausiu st. 9, Vilnius district, project development.

Investors are mortgaged real estate – part of the land plot with a cottage on it. The cottage is almost fully equipped, in a two-apartment house. The area of ??the mortgaged object is 115.59 sq. m, part of the land plot – 5 a.

Actual completion of the assets pledged to investors (according to the appraiser) 85%.

The mortgaged property is located in Giluziai village, near Giluziai lake. Good connection with the city of Vilnius, near the bypass. Nearby public transport stop, large supermarkets, kindergartens.

The developer has already implemented several similar projects, developed and sold two-bedroom houses. The loan is repaid from the proceeds of the sale of real estate. A preliminary sales contract worth € 106,000 has already been signed.

For those who invest more than EUR 5 000 +1% of interest.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

crowdfunding report 2023
Get our latest European Crowdfunding Market Report 2023

Our brand new report gives insights into the state of the crowdfunding market in general and goes in-depth regarding funding volumes, backer and fundraiser profiles, regulatory implications, technical challenges and more. Grab your copy, it's FREE!