- Experienced Team: The project is being developed by a team with more than 10 years of experience in real estate development, construction management, and project implementation. During this period, the shareholders have completed more than 25 projects of various purposes, with a total area exceeding 300 000 m².
- Liquidity: The project is being developed in Kaunas District, where demand for detached and semi-detached houses remains stable. The properties, ranging from 61 to 97 m², are designed to appeal to a broad range of buyers. Development is being carried out in stages, starting with a smaller scale, allowing supply to be balanced and ensuring predictable sales within 6–12 months.
- Financial Strength: The financed company operates profitably, has accumulated significant equity, and has no financial debt. Previous projects have been profitable, indicating a stable financial position.
Interest Rates by Investment Amount:
– From 100 EUR to 299 EUR – 8.60%
– From 300 EUR to 699 EUR – 8.80%
– From 700 EUR to 1 999 EUR – 9.00%
– From 2 000 EUR to 4 999 EUR – 9.25%
– From 5 000 EUR – 9.50%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
"Jovarų alėja" is a modern residential development located in Vijūkai village, Kaunas District, designed to offer comfortable, functional, and cost-efficient living close to the city. The project consists of 23 land plots, where a low-density neighborhood of detached and semi-detached houses is being developed. It is designed for both young families and those seeking practical housing solutions surrounded by nature. The development is being implemented in stages.
The first stage includes the construction of 14 residential buildings on Jovarų Street (plots No. 3–20), offering different types of housing: 5 semi-detached houses (10 apartments) of approximately 61 m² each; 4 semi-detached houses (8 apartments) of approximately 80 m² each; and 5 detached houses of approximately 95–97 m² each. The total construction area amounts to 1 734,61 m², while the projected sales revenue for the entire first stage is 3 153 521 EUR (approximately 1 818 EUR/m² excluding VAT).
Masonry works have been completed, roofs have been installed, and windows have been fitted. Facade works have also been completed on five houses. Sales are progressing alongside construction, with 9 preliminary apartment sale and purchase agreements (PPAs) already signed. The second stage, covering the remaining plots (No. 1, 2, 22, 24, 26, 28), will only be developed following the successful sale of the first stage. Although this stage is not financed by the current loan, it is included as additional collateral. The project is located in an attractive area on the northwestern outskirts of Kaunas, characterized by low-rise residential developments.
Das Gebiet zeichnet sich aus durch:
eine gute Verkehrsanbindung an die Stadt Kaunas;
eine gut ausgebaute Infrastruktur;
die Verfügbarkeit öffentlicher Verkehrsmittel;
eine ruhige und attraktive Wohnumgebung.
The funds raised will be used to continue real estate development works.
Loan Information:
The loan will be repaid from real estate sales proceeds. Interest payments are expected to be covered by advance payments received or the company's working capital.
Maximum project financing amount: 1 500 000 EUR (1 095 300 EUR already raised). The project loan agreement is scheduled to expire on 2028-03-30. Funds may be raised in stages, with the current financing stage having a duration of 6 months. The project is financed based on the current 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 target amount is not reached.
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.
