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The purpose of the loan is for administrative premises located at Kalvariju st. 125B, Vilnius, acquisition. The premises to be purchased are 817,92 sq. m., on the 8th floor. After purchasing these premises, the borrower will carry out the reconstruction and form 29 separate premises. The K125 is a loft project at an affordable price for future buyers. Panoramic windows, high ceilings, modern housing close to Vilnius city center. The borrower invests 300 000 Eur in own funds for the purchase of premises. The height of the premises is 3.9 m, which makes it possible to increase the area for sale 150 sq. m. and form a second floor. There will be 29 separate unique rooms upstairs (separate unique rooms will be registered) and sold as lofts. The planned sales prices per square meter will be 1400-1700 Eur / sq. m. and the total sales revenue of the premises was 1,7 mln. Eur. Property is acquired and mortgaged - only 3 km to the city center of Vilnius. Convenient transportation by both public and private transport. The city center is only a 5-minute drive away. Investors will be pledged the property with a primary mortgage. We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising funds. Photos of the house with the mortgaged room and visualizations of future lofts are provided. More information: https://www.k125.lt

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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