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  • The pooled funds will be used for the company's working capital;
  • The mortgaged property is liquid, and the location has a very beautiful landscape (nearby ponds and a river);
  • The owner of the project has many years of experience in the construction sector.

About the project owner:
The company's CEO has been active in the construction sector for about 5 years. The project owner has developed different real estate projects with a total area of about 4 000 square meters and the group has developed more than 10 000 square meters. Together with Profitus, the developer has financed and successfully implemented 3 projects. The projects were successfully completed and the investors were settled on time.

Project objective:
The project owner will use the working capital to develop a project in Didziasalio village, Nemezio Elderage, Vilnius district. The developer is developing a block of 43 semi-detached houses. The owner of the project will register the started buildings in the Register Centre and will finance the further construction phases with Profitus. The mortgaged property is expected to generate sales proceeds of EUR 249 000. The sale proceeds will be used to repay this loan.

Interest by investment amount:
– From EUR 100 to EUR 499 – 9.2%
– From EUR 500 to EUR 999 – 9.7%
– From EUR 1 000 to EUR 1 999 – 9.95%
– From EUR 2 000 to EUR 7 499 – 10.2%
– From EUR 7 500 to EUR 14 999 – 10.7%
– From EUR 15 000 – 11.2%
Important: investments made separately are not aggregated and cannot be pooled.

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

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
What does Profitus offer?

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.

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