- Developer's experience: The project is being implemented by an experienced developer who, together with related companies, has successfully completed 4 real estate projects. The project was designed by one of Lithuania's leading architectural studios, UAB "Archispektras". High-quality, durable materials that meet modern residential housing standards are used in construction.
- Exceptional location: The project is being developed in a strategically attractive location in Kaunas, approximately 800 metres from Town Hall Square in Kaunas Old Town, next to the Benedictine Sisters' Monastery. The location offers convenient access to the city centre and other parts of the city, with the nearest public transport stop approximately 60 metres away.
- High completion level: The buildings and individual property units are registered in the Real Estate Register with an 81 % completion level. The remaining works include the installation of engineering equipment (heat pumps, heat recovery ventilation units, fan coil units), completion of internal engineering systems, interior finishing, landscaping and common areas.
Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 8.60%
– From 350 EUR to 749 EUR – 8.80%
– From 750 EUR to 1 999 EUR – 9.00%
– From 2 000 EUR to 4 999 EUR – 9.25%
– From 5 000 EUR – 9.50%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner is constructing a semi-detached residential building in Kaunas, at Pakopų takas 7 and 7A. Construction is already at an advanced stage – the buildings have been erected, part of the interior and exterior works have been completed, and the properties are registered in the Real Estate Register with an 81 % completion level. A preliminary purchase and sale agreement has been signed for a 120.79 m² apartment located at Pakopų tak. 7-1, together with an associated storage unit and two parking spaces. The notarised purchase and sale agreement is expected to be signed in November–December 2026.
The funds raised during this financing stage will be used to finance the remaining construction and installation works. The majority of the funds will be allocated to the purchase and installation of internal engineering equipment, including heat pumps, heat recovery ventilation units and cooling fan coil units. The remaining internal engineering works will also be carried out, including the installation of water supply, sewage, underfloor heating and electrical systems, wall plastering and floor concreting.
Another portion of the financing will be allocated to landscaping and the completion of common areas. The planned works include completing the fence installation, installing gates, balcony and staircase railings, decorative finishing of the underground parking area, and the remaining landscaping works.
Some landscaping works have already commenced – the fence has been manufactured and is currently being painted, the courtyard foundations have been fully prepared, and approximately 70 % of the paving stones have already been laid. The remaining outdoor works that depend on weather conditions are planned to be completed when weather conditions are suitable.
The implementation of the planned works will increase the project's construction completion level, complete the residential buildings' fit-out and create the conditions for achieving the property's final market value.
Loan Information:
The loan will be repaid from the proceeds of the developed property's sale. Interest payments to investors will be made from advance payments.
Maximum financing amount: 380 000 EUR (Already raised 250 000 EUR). The scheduled loan agreement maturity date is 2027-01-25. Funds for the project may be raised in stages, and the duration of this financing stage is 3 months, but no later than 2027-01-25. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and subsequent project financing stages will only be launched and funded if the established maximum LTV 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 funds are 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.
