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We present a new project for the investment „Butas Pilies gatveje“. Project funds will be used for refinancing, the amount to be raised is EUR 175 000.

About the purpose of the project:
The project funds will be used to refinance the previous loan. The owner of the project purchased land plots in Zujunai with previously financed funds, where he developed the infrastructure and sold it. The proceeds from the sale were invested in the acquisition of new plots of land. The project owner acquired land plots in Kalnenai, Vilnius. These plots are going to develop infrastructure and then sell. The proceeds of the sale will cover this loan.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To ensure the interests of investors, a 97.88 square meter, two-storey, fully equipped apartment is pledged in the Old Town of Vilnius, at Pilies str. 19-3, Vilnius. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 422 000.

Interest by investment amount:
- From EUR 100 to EUR 499 - 7%
- From EUR 500 to EUR  999 - 7,5%
- From EUR 1 000 to EUR 2 499 - 8%
- From EUR 2 500 to EUR 4 999 - 8,5%
- From EUR 5 000 - 9%
Important: individual investments 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.

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
What does Profitus offer?

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.

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