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Butai Duburio 4

Profitus
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22 %
  • Status active
  • Goal 210,600 EUR (€)
  • Raised 47,292 EUR (€)
  • Investors 153
  • Interest rate 10.5%
  • Credit Duration 12 month

We present a new financing project – „Butai Duburio 4. The project owner will use the raised funds for the purchase of the real estate, which will be equipped later. The amount to be raised is EUR 210 600.

About the project owner: 
The project owner has experience in real estate development. As a project manager, has contributed to various real estate development projects („Indvidualiu namu kvartalas Bendoreliuose”, Sporto mokykla”, „Sv. Faustinos g. namai”, Skaidiskiu namai”, Elektrines g. 10 namai”, Parko g. 21 namai”, Vilnius D/4 korpuso rekonstrukcija”).

Project objective:
The project will finance the acquisition of two apartments with a total surface area of 120.03 square metres in a block of flats built in 2023. The apartments are currently registered as 90% complete according to the Centre of Registers. The owner of the project intends to furnish the apartments in a modern style with all appliances and furniture. Once these works are completed, the apartments will be available for rent. The estimated rental income per 2 apartments is EUR 3 000 per month. At the end of the loan period, the project owner will refinance the existing liability. Interest will be paid to the investors from the rental income.

Risk category (probability of default) of this project: 9.

Interest by investment amount:
– From EUR 100 to EUR 749 – 10.5%
– From EUR 750 to EUR 2 999 – 11%
– From EUR 3 000 to EUR 9 999 – 11.5%
– From EUR 10 000 to EUR 24 999 – 12%
– From EUR 25 000 to EUR 49 999 – 12.5%
– From EUR 50 000 to EUR 99 999 – 13%
– From EUR 100 000 – 13.5%
Important: Individual investments are not aggregated and cannot be pooled.

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

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