- Additional security: The company's shareholder and director provide an additional personal guarantee for the entire loan amount.
- Experience with PROFITUS: The project owner, together with its group of companies, has successfully developed and completed 2 projects in cooperation with PROFITUS (Dvibučiai Strazdų g., Vilnius and Kalno panorama, Vilnius).
- Liquid collateral: Two fully furnished and operational short-term rental apartments in the centre of Vilnius, on Basanavičiaus Street, are pledged as collateral. Located in an attractive and sought-after area, the apartments generate rental income and offer high liquidity.
Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 9.40%
– From 350 EUR to 749 EUR – 9.70%
– From 750 EUR to 2 999 EUR – 10.00%
– From 3 000 EUR – 10.40%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner plans to develop a residential real estate project called "Huberto namai" in Žukiškės village, Trakai district, on Mažoji Miško Street. The project is being developed in cooperation with another developer, and the funds raised through this loan will be used to construct four semi-detached houses. The part of the project developed by the project owner will consist of 8 apartments with a total saleable area of 967.16 m². A dedicated website has been created for the project: hubertonamai.lt.
Since the previous financing stage, construction works have progressed significantly – one of the properties has already reached 85% completion, while the completion level of other apartments being developed in the residential complex ranges from 50% to 85%. At this stage, one of the apartments under construction in the complex is being pledged as additional collateral, with facade works already completed.
The project is also attracting buyer interest, with 3 preliminary sale and purchase agreements signed for the 8 apartments being developed.
The location is attractive to buyers seeking a private home outside the city while maintaining convenient access to Vilnius (approximately 20–25 minutes by car). The surrounding area is characterised by low-rise developments and residential neighbourhoods, supporting consistent demand for this type of housing. This positions the project towards a stable family-oriented buyer segment, which remains active in the Vilnius region and supports the project's liquidity.
The other pledged property consists of apartments located on Basanavičiaus Street in the centre of Vilnius ("In Astra Apartments"), which are used for short-term rentals. The property is fully furnished, operational and generates income from accommodation services. Its attractive central location supports stable occupancy rates and market liquidity.
The funds raised will be used to complete the real estate construction works.
Loan information:
The loan will be repaid from property sales proceeds, while interest payments will be covered by the company's working capital.
Maximum planned project financing amount: 1 200 000 EUR (Already raised 640 000 EUR). The amount may be raised in stages. The project loan agreement is scheduled to expire on 2028-04-14. Funds for the project may be raised in stages, with the current financing stage having a term of 12 months. The project is financed based on the existing 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 subsequent project financing stages will only be launched and funded if the established maximum LTV ratio is not exceeded.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the required funds are not collected.
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.
