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The purpose of the project “Cottage, Bart? St.” is to refinance a previous loan and manage working capital flows. Investors are mortgaged real estate - part of the land plot with a cottage on it. The cottage is almost fully equipped, in a two-room house, it already has a kitchen. The area of the mortgaged object is 155.62 sq. M. m, part of the land plot - 7.95 a. The planned sale price is 190 thousand. Eur. Actual completion of the assets pledged to investors (according to the appraiser) 99%. The mortgaged property is located in Buivydišk?s village, near the pond. Good connection with the city of Vilnius, right next to the surrounding area. Nearby public transport stop, large supermarkets, kindergartens. The developer plans to repay the loan from the proceeds of the sale of real estate. 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 is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 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. Profitus operates with Lemonway, a regulated payment service provider.

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