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Butas Smolensko g.

Profitus
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100 %
  • Status funded
  • Goal 160,000 EUR (€)
  • Raised 160,000 EUR (€)
  • Investors 295
  • Interest rate 8%
  • Loan To Value(LTV) 53%
  • Credit Duration 12 month

We present a new project for investment – “Butas Smolensko g.”. The raised funds will be used for the refinancing of existing loan and the purchase of new real estate. The amount to be raised for the project is EUR 160 000.

The aim of the project:
The owner of the project will allocate the raised amount for the purchase of a one-story house and mortgages an apartment in Naujamiestis and 2 plots of land in Moletai district. Currently, both the apartment and the plots of land are for sale, and the main source of loan repayment is the sale of the apartment and the plots of land.

About the project owner:
UAB “La fabrica” provides marketing services. The company has accumulated 15 years of experience in this business. In the market, it cites extensive experience, professionalism, flexibility and speed as its advantages over competitors.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, a 42.48 square meter apartment with a parking space is pledged at Smolensko str. 10-40, Vilnius. Also, 2 plots of land with a total area of 4.9888 hectares are pledged at Moletai district. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 304 800. 

Interest by investment amount:
– From 100 EUR to 499 EUR – 8%
– From 500 EUR to 999 EUR – 8,5%
– From 1 000 EUR to 4 999 EUR – 9%
– From 5 000 EUR to 9 999 EUR – 9,5%
– From 10 000 EUR – 10%
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.

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