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New staged financing project "Komercinis pastatas Zujunu 3A". Project funds will be used for document management, foundation casting and the start of construction works. The amount to be collected in the first stage is EUR 72 000.

The project developer intends to build a commercial building in Pilaite district, Zujunu str. It is planned to build and equip 1000 sq. m of commercial premises (900 sq. m of usable area). On April 19-23, the project owner plans to submit project proposals. The total investment in this project will amount to about EUR 850 000. The estimated sale price of commercial premises is EUR 1 500 per square meter. The planned income of the whole project is EUR 1.5 million.
 
The project is being developed by a developer who has previously received funding on the Profitus platform and has implemented as many as 8 real estate projects. The developer fully settled with investors in all 8 projects by November of 2020.

The maximum amount funded is € 600,000. The borrower will have the right to borrow additionally in other stages, provided that it does not exceed the established maximum loan-to-value ratio (LTV). The loan-to-value ratio at this stage is 59%.

Interest by investment amount:
- From EUR 100 to EUR 4 999 - 7%
- From EUR 5 000 - 8%
Important: individual investments are not aggregated.

We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising funds.

About the Profitus

ECSP license

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.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 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. Profitus operates with Lemonway, a regulated payment service provider.

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