- Construction and Sales Progress: Construction, engineering network installation, and parking infrastructure works are ongoing in Buildings C and D. The actual project completion rate currently stands at approximately 70%, while 17 apartments have already been sold under preliminary sale and purchase agreements, representing 27.23% of the total saleable apartment area.
- Experienced Developer: The project owner, together with related parties, has developed real estate projects with a total area exceeding 30,000 m². 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, near Lake Druskonis and the resort's main attractions. Druskininkai is a year-round resort with stable demand for holiday homes and second residences, contributing to the project's high liquidity.
Interest Rates by
Investment Amount:
– From 100 EUR to
349 EUR – 9.30%
– From 350 EUR to
749 EUR – 9.50%
– From 750 EUR to 2
499 EUR – 9.75%
– From 2 500 EUR to
6 999 EUR – 10.00%
– From 7 000 EUR –
10.30%
Important: Separate investments are not added together 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 in one of the resort's most attractive locations, at the intersection
of M. K. Čiurlionio and Šv. Jokūbo streets, where urban infrastructure, nature,
and recreational areas combine to create a convenient environment for both
living and leisure. The development consists of four residential buildings (A,
B, C, and D), each with up to 5 floors. Buildings C and D offer apartments of
various sizes, ranging from compact 1-room units (approximately 26–30 m²) to
spacious 3-room apartments exceeding 60 m², with balconies or terraces. Large,
exclusive terraces are planned on the uppermost floors.
The project's key advantage is its central location. Lake Druskonis, Vijūnėlė Park, Grand SPA Lietuva, Druskininkai Health Resort, restaurants, and shopping facilities are all within a few minutes' walking distance. As Druskininkai is a year-round resort, the development is attractive for permanent residence, second-home ownership, and rental investment.
Development and
Financing Information:
During this loan
period, the construction of Buildings C and D is being financed. These
buildings will comprise 56 fully finished apartments (total area – 2,097.13
m²), as well as 11 storage units and 38 parking spaces. Since the previous
financing stage, construction works have continued in Buildings C and D.
Structural and architectural works are being carried out, alongside the
installation of internal engineering systems and external water supply and
sewage networks. Construction of the parking area, additional parking
infrastructure works, and pile reinforcement are also ongoing. Progress has
also been recorded in property sales. Currently, 17 apartments have been sold
under signed preliminary sale and purchase agreements, with a total area of
571.06 m², representing 27.23% of the total saleable apartment area in
Buildings C and D. The actual project completion rate currently stands at 70%.
Development continues, with ongoing construction, engineering network installation, and infrastructure works. The project is scheduled for completion by the end of 2026, with total projected sales revenue of 8,007,850 EUR. The signing of notarized sale and purchase agreements is expected to begin within the next 3–4 months.
Loan Information:
The loan will be
repaid from property sales proceeds, while interest payments to investors will
be covered by advance payments or the company's working capital. Funds raised
during this financing stage will be used to carry out real estate development
works.
Maximum financing amount: 5,000,000 EUR (2,886,000 EUR already raised). The scheduled maturity date of the project loan agreement is 2029-02-19. Funds may be raised in stages, with the duration of this financing stage being 12 months. Upon expiry of this stage, additional financing stages may be launched if necessary, provided that the final maturity date of the project loan agreement is not exceeded. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation will be required. Subsequent financing stages will only be launched and funded if the established maximum LTV ratio is not exceeded.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the target is not reached.
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.
