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Europos pr. loftai

Profitus
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100 %
  • Status funded
  • Goal 40,500 EUR (€)
  • Raised 40,500 EUR (€)
  • Investors 101
  • Interest rate 10%
  • Loan To Value(LTV) 70%
  • Credit Duration 12 month

We present a new phased financing project “Europos pr. loftai”, the funds of which will be allocated to the acquisition and repair of real estate. The amount to be raised at this stage is EUR 40 500.

The aim of the project:
The owner of the project plans to purchase 276.55 square meters, two-story, non-residential premises. It is planned to form 6 creative workshops, each of which will have an area of about 33 square meters. The lofts will be sold fully furnished and with all the necessary household appliances and furniture. The planned sales revenue of the entire project is about EUR 271 000.

To ensure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, 276.55 square meters of non-residential premises are pledged at Europos Ave. 122A-3, Kaunas. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 87 600.

Maximum planned amount of funding for the project: EUR 126 600. 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 – 10%
– From EUR 500 to EUR 4 999 – 10,5%
– From EUR 5 000 – 11%
Important: separately made investments are not aggregated.

We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.

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