- Project completion: The project has been completed. The building’s completion was officially registered on 26 August 2026.
- Liquid asset: The project is located in a strategically convenient location at Europos pr. 70, Kaunas. This is a rapidly developing part of the city, contributing to the property’s high attractiveness and liquidity.
- Reserved premises: 56 out of 63 apartments and creative workshop units have already been reserved. In addition, a 12-year lease agreement has been signed with the main tenant of the second floor – one of the largest fitness club chains in Lithuania.
Interest rates based on investment amount:
– From EUR 100 to EUR 349 – 9.50%
– From EUR 350 to EUR 749 – 9.75%
– From EUR 750 to EUR 2,499 – 10.00%
– From EUR 2,500 to EUR 7,499 – 10.25%
– From EUR 7,500 – 10.50%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner has acquired a four-storey industrial building located at Europos pr. 70, Kaunas. The building’s officially registered total area in the Real Estate Register is 8,005.19 m²; however, due to the lofts and their additional usable space, the actual usable area of the building amounts to approximately 9,345.84 m².
The building has been renovated and adapted for premises of different purposes. Apartments have been developed on the fourth floor, creative workshop lofts on the third floor, while the premises on the first and second floors are intended for lease. The second floor is fully leased – a 12-year lease agreement has been signed with one of the largest fitness club chains in Lithuania. In addition, sale agreements have been signed for 56 out of 63 premises. The project includes 84 parking spaces.
The project developer has leased part of an adjacent land plot from the municipality, which is strategically important for the development of an additional parking area. Two new preliminary loft sale and purchase agreements have also been signed.
The funds raised during this financing stage will be used to extend the financing term of the existing PROFITUS loan, providing the project owner with additional time to complete the necessary works and realise the project.
Loan information:
The loan will be repaid from real estate sales and rental income, while interest will be paid from the company’s working capital or rental income. The projected total revenue from the sale and lease of the project amounts to EUR 10,938,721.
The maximum planned financing amount for the project is EUR 4,820,000. 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 further financing stages of the Project will be announced and funded only 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 up to 30 days if the full amount is 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.
