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We present a new project for investment "Butas Vilniaus senamiestyje", the financing of which will be used for working capital and refinancing of other loans. The amount to be refinanced is EUR 190 000, the remaining amount (EUR 140 000) will be allocated to the company's working capital. The amount to be raised is EUR 330 000.

To ensure the interests of investors, real estate is pledged in Vilnius Old Town, Traku str. 11A-21. Investors are pledged an apartment of 134,94 square meters in a picturesque and historical place of Vilnius - in the Old Town, just 4 minutes to Vokieciu Street. The apartment has 5 rooms, over two floors, fully equipped, furnished and all necessary appliances. The windows of the apartment overlook Traku Street. There is a private courtyard with a spacious parking lot. According to the data of the Register Center, the completion of the mortgaged property is 100%.

The project owner is currently developing other real estate projects together with our platform - "Rieses dvibutis", "Parko namai", "Dvibutis Pavilnyje", "Misko namai" and "Namas Antakalnyje". The working capital of the project will be used to accelerate and complete the construction work in the projects "Parko Namai", "Misko namai", "Rieses Dvibutis", "Dvibutis Pavilnyje" and "Namas Antakalnyje". The project owner has the status of a reliable developer and has successfully implemented various warehouse, industrial premises and residential construction projects.

According to the independent real estate appraiser "Newsec Valuations", the value of the property pledged to investors is EUR 476 000. Loan to value ratio - (LTV) 70%.

Interest by investment amount:
- From EUR 100 to EUR 499 - 8%
- From EUR 500 to EUR 4 999 - 8,5%
- From EUR 5 000 to EUR 24 999 - 9%
- From EUR 25 000 to EUR 99 999 - 9,5%
- From EUR 100 000 - 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.

 

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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