Introducing a new funding project – „Ismoniu butas". The owner of the project will use the money raised to refinance an existing loan. The apartment in the duplex is already reserved, a preliminary sale and purchase agreement has been signed, and the sale is planned for December, so this decision will give the developer time to arrange the documentation for the apartment delivery and to prepare for the notarial transaction. The amount to be raised is EUR 70 000.
About the project owner:
The owner of the project has previously received funding on the Profitus platform for the real estate project „Dvibutis ismoniu g. 26". The developer pays investors interest on time.
About the project:
The project owner has developed a semi-detached house with two floors. Each apartment has a total area of 136 square metres. On the ground floor there is a vestibule, a utility room and a common kitchen and living area. On the second floor there are three bedrooms, two bathrooms and a cloakroom. According to the Centre of Registers, the apartments in the semi-detached house are partially finished and have reached 85% completion. This loan will be covered by the proceeds from the sale of the apartment at 26-1 ismoniu str. Expected sale proceeds EUR 165 000.
Interest by investment amount:
– From 100 EUR to 499 EUR – 9%
– From 500 EUR to 999 EUR – 9.5%
– From 1 000 EUR to 4 999 EUR – 10%
– From 5 000 EUR to 9 999 EUR – 10.5%
– From 10 000 EUR – 11%
Important: investments made separately 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.
About the Profitus
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.
