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House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
House Kojelaviciaus st., Vilnius II
CrowdSpace is not liable for the content presented in this offering. Check with the information on the official Profitus website and make informed decisions based on your own research.
  • Convenient Location: The project is located in a quiet yet convenient location, close to a forest. All necessary infrastructure facilities, such as schools, kindergartens, shops and public transport, are situated near the plot.
  • Experience: A portfolio of successfully completed projects is the best indicator of an experienced project owner. Having faced a wide range of situations and challenges, they are adept at finding the right solutions and adapting to changing circumstances.
  • Strong financial commitment to the project: A personal investment of EUR 160 000 demonstrates the owner's real belief in the project's success and their commitment to its implementation.

Project Rating (Project Loss Risk): A. This rating is consistent with the previous project rating of C+

About the project owner:
Director of the company has developed different real estate projects (Markuciu st. 38 Vilnius, Svenceles st. 18C Svencele, Saltinelio st. 51 Klaipeda, Jazminu st. 22 Klaipeda).

About the project:
 The developer will use the pooled amount to build two houses in Vilnius. The planned size of the dwellings is 142.27 m2 and 83.44 m2, of which one is a dwelling house and the other is a workshop, with a 28.84 m2 sauna to be built next to the dwelling house. There is also a 14,15-acre plot for the dwelling house, a 6,17-acre plot for the workshop and a 3,14-acre plot for the shared access. The foundations of all buildings are currently registered. The construction works are scheduled to be completed in December 2024. Estimated sales proceeds of EUR 605 000 including VAT. The loan will be covered by the sale proceeds and the interest to the investors will be covered by the other proceeds of the sale.

Project progress:
Since the last phase, the workshop space has been fitted with frame walls, windows and a roof. The residential building has also been fitted with frame walls and is currently being roofed. The funds from this phase will be used to continue further construction work.

The maximum planned amount of financing for the Project: EUR 290 000 (EUR 102 300 already raised). The project is financed on the basis of the current valuation of the collateral until it reaches the established maximum loan-to-value ratio of 70% LTV. Once the maximum LTV has been reached, a new valuation of the property will have to be carried out and further rounds of financing for the Project will only be advertised and collected if the set maximum LTV is not exceeded.

Interest by investment amount:
From EUR 100 to EUR 249 10.00%
From EUR 250 to EUR 699 10.50%
From EUR 700 to EUR 1 999 11.00%
From EUR 2 000 to EUR 6 999 11.50%
From EUR 7 000 12.00%
Important: Individual investments are not aggregated and cannot be combined.

The project has a timeframe of 15 months, but no longer than 25 September 2025. 

We plan to raise the amount within 7 days, with the possibility of extending it to 21 days in the event of non-collection.

Location
Kojelaviciaus st., 16, Vilnius, Lithuania

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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