We present the third stage of the staged financing project "Dvibutis Perkuno g.". The project owner will use the raised funds for real estate development. The amount to be raised at this stage is EUR 56 300.
The aim of the project:
The project owner is developing an A + energy efficiency class, two-storey semi-detached house. The total area of the semi-detached house is 312.46 square meters. The area of one-apartment in the semi-detached house with a garage is about 156 square meters. Apartments in a semi-detahced house will be for sale. The planned sales revenue of one apartment is EUR 245 000, and the estimated sales revenue of the whole project will reach EUR 490 000.
Progress of the project:
Since the beginning of the financing of the project, the facade of the semi-detaches house has been completed, a rain system, alarm system, gas and water pipes have been installed, plaster walls and walls have been installed, a recuperation system has been installed, the roof has been heated, outdoor gates have been installed, electrical panel automatics have been installed. The paving stones are laid, the posts for the fence are ready. One apartment at Perktno st. 20-2, Klaipeda was also sold and part of the loan was returned.
About the project owner:
The project owner has experience in the field of real estate, has implemented residential and semi-detached houses projects in Klaipeda and Klaipeda district.
To secure the interests of investors, real estate is pledged with a primary mortgage:
In order to protect the interests of investors, a two-story apartment with an area of 151.13 square meters of energy efficiency class A+ in a semi-detached house and a land plot of 4.03 acres are pledged at Perkuno st. 20; 20-1, Klaipeda. According to an independent real estate appraiser, the value of the mortgaged real estate is EUR 209 000.
Maximum planned amount of funding for the project: EUR 300 000. The project is funded based on the current mortgage valuation until it reaches the maximum LTV set. When maximum LTV is reached, a new valuation of the property will be required and further project funding stages will be announced and collected only if the maximum LTV set is not exceeded.
Interest by investment amount:
- From EUR 100 to EUR 499 - 11%
- From EUR 500 to EUR 2 999 - 11,5%
- From EUR 3 000 - 12%
Important: investments made separately are not aggregated.
We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.
About the Profitus
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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.
