We present a new project for investment "Butas Laisves aleja". The raised funds will be used by the project owner for the purchase of real estate. The amount to be raised for the project is EUR 141 400.
About the project owner:
The project owner has experience in real estate development. Implemented different real estate development projects with a total area of 4 150 square meters.
The aim of the project:
The project funds will be used for the purchase of a three-room apartment with an area of 58.61 square meters in the center of Kaunas, on Laisves avenue. The apartment is furnished in a modern way with all household appliances and furniture. The owner of the project plans to keep the purchased apartment for himself, and repaid the loan from other assets purchased for development and resale.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 58.61 square meters is pledged at Laisves ave. 87-6, Kaunas. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 202 000.
Interest by investment amount:
- From EUR 100 to EUR 499 - 9%
- From EUR 500 to EUR 2 999 - 9,5%
- From EUR 3 000 to EUR 9 999 -10%
- From EUR 10 000 - 10,5%
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.
