Back to Profitus offerings

Butas Mindaugo gatveje

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.
62 %
  • Status active
  • Goal 131,100 EUR (€)
  • Raised 81,622 EUR (€)
  • Investors 96
  • Interest rate 9%
  • Credit Duration 12 month

We present a new financing project – „Butas Mindaugo gatveje. The project owner will use the money raised for working capital. The amount to be raised is EUR 131 100.

About the project owner: 
The project owner has experience in real estate. The developer has developed more than 1 500 square metre of projects in Vilnius („Siaures st. 34″, „Blindziu st. 13″, „Grendaves st. 36A, 36B, 38″, „Katysiu st. 5″, „Dangaus st. 27F, 27L”.).

About the project:
The owner of the project plans to develop two semi-detached houses at Norku street, Vilnius. The developer will pool funds for a building permit, infrastructure fees and foundation pouring. Once these works have been completed, additional funding will be sought to continue the construction of the semi-detached houses. This loan will be covered by the proceeds of the sale of the mortgaged property, which will amount to EUR 197 000 with VAT.

Interest by investment amount:
– From 100 EUR to 499 EUR – 9%
– From 500 EUR to 1 999 EUR – 9.5%
– From 2 000 EUR to 4 999 EUR – 10%
– From 5 000 EUR to 9 999 EUR – 10.5%
– From 10 000 EUR – 11%
Important: investments made separately are not aggregated.

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

Similar offerings

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!