We present a new project for investment "Butas Ajeru g., Palanga". The project owner will use the raised funds for the purchase of real estate in Palanga, which he will later equip with his own funds. The amount to be raised for the project is EUR 20 500.
The aim of the project:
The owner of the project will allocate the raised amount for the purchase of a 51.57 square meter apartment with a plot of land in Palanga, built in 2022. Currently, the registered completion of the apartment, according to the Center of Registers, is 83%. With his own funds, the owner of the project intends to equip the apartment in a modern way with all household appliances and furniture. After completing these works, the apartment will be sold. Estimated sales revenue is EUR 210 000.
To secure the interests of investors, real estate is pledged with a secondary mortgage:
To ensure the interests of investors, a 51.57 square meter apartment with a part of the land is pledged at Ajeru st. 2 K21-1, Palanga. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 185 000. In addition, the company manager Jonas Cizauskas provides a guarantee for this loan.
Interest by investment amount:
- From 100 EUR to 499 EUR – 12%
- From 500 EUR to 999 EUR – 12.5%
- From 1 000 EUR - 13%
Important: investments made separately are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.
About the Profitus
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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.