- Construction Progress: The project is currently in an active construction phase, with the actual completion level estimated at approximately 40–50%. In buildings C and D, foundations have been completed, masonry walls constructed, floor slabs installed, windows mounted, and works on internal partitions, flooring, and engineering systems are ongoing. A construction contract has been signed and technical supervision is being carried out.
- Experienced Developer: The project owner together with related parties has developed more than 30 000 m² of total real estate area. The company specializes in residential developments and has successfully completed projects in Vilnius and Palanga.
- Attractive Location: The project is being developed in the central part of Druskininkai, next to Lake Druskonis and the main attractions of the resort town. Druskininkai is a year-round resort destination with stable demand for leisure and second-home properties, ensuring high project liquidity.
Interest Rates Based on Investment Amount:
– From EUR 100 to EUR 349 – 8.40%
– From EUR 350 to EUR 749 – 8.60%
– From EUR 750 to EUR 1 999 – 8.80%
– From EUR 2 000 to EUR 4 999 – 9.00%
– From EUR 5 000 – 9.20%
Important: Separate investments are not cumulative and cannot be combined.
About the Project:
“Druskonio Perlai” is a modern residential development located in the heart of Druskininkai, just a few steps from Lake Druskonis and Vijūnėlė Park. The project is being developed at the intersection of M. K. Čiurlionio and Šv. Jokūbo streets – one of the most attractive locations in the resort town, where urban infrastructure, nature, and leisure spaces merge into a comfortable living and recreational environment.
The development consists of four residential buildings (A, B, C, and D), with heights of up to 5 floors. Buildings C and D include apartments of various sizes – from compact one-room apartments (approximately 26–30 m²) to spacious three-room apartments exceeding 60 m², with balconies or terraces. Exclusive large terraces are planned on the top floors.
The key advantage of the project is its central location. Within a few minutes’ walk residents can reach Lake Druskonis, Vijūnėlė Park, “Grand SPA Lietuva”, Druskininkai Health Resort, restaurants, and shopping areas. Druskininkai is a year-round resort town, making the project attractive both for permanent residence and as a second home or rental investment.
Development and Financing Information:
During this loan stage, financing is allocated for the construction of buildings C and D only. Buildings C and D will include 56 fully finished apartments (total area – 2 097,13 m²), as well as 11 storage units and 38 parking spaces.
Currently, monolithic reinforced concrete foundations have been fully completed in buildings C and D, masonry walls have been constructed, floor slabs installed, and plastic windows mounted. Internal partition frameworks have also been completed and gypsum board installation works have commenced. A leveling concrete layer has been installed over underfloor heating systems on floors 1–2 of building C and floors 1–3 of building D. Utility network connections have been introduced into the basement, electrical installations partially completed, and water supply and sewage connections installed up to the designated sanitary equipment locations. At the same time, roofing works, façade finishing, and part of the internal engineering and finishing works are still incomplete.
The registered completion level of the project is 11%, while the actual implementation progress is currently estimated at approximately 40–50%.
Currently, approximately 20,65% of the project in buildings C and D has been sold, representing 432,97 m² out of the total saleable apartment area of 2 097,13 m². According to signed preliminary sale-purchase agreements, a total of 13 apartments have been sold.
Project completion is planned by the end of 2026. Total projected sales revenue amounts to EUR 8 007 850.
Loan Information:
The loan will be repaid from property sales proceeds, while interest payments to investors will be covered from advance payments or the company’s working capital. Funds raised during this stage will be allocated for real estate development works.
The maximum financing amount is EUR 5 000 000 (EUR 2 121 000 already raised). The project is financed based on the current pledged asset valuation until the established maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be performed, and further financing stages of the project will only be announced and collected if the established maximum LTV is not exceeded.
The target amount is planned to be raised within 7 d. with the possibility to extend the fundraising period up to 30 d. if the amount is not fully raised.
About the Profitus
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.
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.
