Back to Profitus offerings

Butas Skroblu g. 14-3

Profitus
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.
100 %
  • Status funded
  • Goal 100,100 EUR (€)
  • Raised 100,100 EUR (€)
  • Investors 198
  • Interest rate 8%
  • Loan To Value(LTV) 70%
  • Credit Duration 6 month

We present a new financing project, “Butas Skroblu g. 14-3”. The project owner will use the raised funds for the purchase of real estate, which will be equipped later. The amount to be raised is EUR 100 100.

About the project:
“Melyni vilkai” is a quarter of residential houses in Vilkpede created for a rational and visionary city person, providing excellent conditions for living close to the city center, whose residents can enjoy active city life near the busy New Town, and at the same time – enjoy peace in a closed area away from the main objects of the center. 

The aim of the project:
The project funds will be used for the purchase of an apartment with an area of 51.12 square meters, built in 2022, located on the first floor of a brick apartment building. Currently, according to the Registry Center, the apartment is 87% complete. The owner of the project is buying an apartment for EUR 123 608, which he intends to equip in a modern way with all household appliances and furniture. After completing these works, the apartment will be sold. Estimated sales revenue is around EUR 229 000. The proceeds of the sale will repay this loan.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 51.12 square meters is pledged at Skroblu st. 14-3, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 143 000.

We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.

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!