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K125

Profitus
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100 %
  • Status funded
  • Goal 427,735 EUR (€)
  • Raised 427,735 EUR (€)
  • Investors 426
  • Interest rate 8%
  • Loan To Value(LTV) 70%
  • Credit Duration 12 month

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

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