- Equity Contribution: The project owner plans to invest 281,200 EUR of their own funds into the project, which demonstrates the developer’s strong commitment and responsibility in implementing the project.
- Experience of the Corporate Group: The project owner belongs to a related company group that has implemented more than 10,000 m² of residential and loft-type real estate projects, proving their experience and ability to manage various development processes.
- Experience with PROFITUS: The project owner’s related corporate group has financed 7 projects through the PROFITUS platform, all of which have been successfully completed or are currently being developed as planned. One of the largest projects of the group, currently under development and financed through the PROFITUS platform, is the "Elfa Loftai" project.
Interest by investment amount:
– From 100 EUR to 349 EUR – 8.00%
– From 350 EUR to 749 EUR – 8.30%
– From 750 EUR to 2 499 EUR – 8.60%
– From 2 500 EUR to 7 499 EUR – 9.00%
– From 7 500 EUR – 9.50%
Important: Individual investments are not aggregated and cannot be combined.
About the Project:
MB "Insta Namai" intends to acquire 5 land plots (0.0425 – 0.0586 ha in size) at Papiškių st. 19, Vilnius, where they will build 5 duplex homes (one duplex on each plot). Once 85% of the duplexes are completed and partial finishing is done, the apartments will be sold.
Currently, 4 out of the 5 plots have construction permits, and the remaining plot will have the construction permit issued by the end of April 2025. The projected total sales revenue of the entire project is 1,554,300 EUR (excluding VAT).
Loan Information:
This loan will be repaid from the project’s sales revenue, and interest for investors will be paid from the project owner’s operational income, advance payments, or income from other assets sold by the company.
The maximum planned Project financing amount is 900,000 EUR. 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, and subsequent financing stages for the project will be announced and collected only if the maximum LTV ratio is not exceeded.
The planned amount to be raised will be collected within 7 days, with the possibility of extending up to 30 days if funds are not 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.
