- Experienced team: The project owner's group of companies has completed approximately 3 000 m² of residential projects (private houses, townhouses, apartment buildings).
- Liquidity: The pledged property is located in Fabijoniškės eldership, on the outskirts of Vilnius, approximately 9 km from the city centre. It is a quiet residential area with well-developed infrastructure and convenient access via paved, illuminated streets, ensuring stable attractiveness and saleability of residential property.
- Value growth potential: The pledged land plot is designated for apartment building development, therefore its designated use corresponds to the planned development. Once the construction permit is obtained, an increase in the value of the property is expected.
Interest rates based on the investment amount:
– From 100 EUR to 349 EUR – 8.00%
– From 350 EUR to 749 EUR – 8.20%
– From 750 EUR to 2 499 EUR – 8.40%
– From 2 500 EUR – 8.60%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
In 2025, using deferred partial payment, the project owner acquired a 13.9-are land plot in Fabijoniškės eldership, Vilnius. An apartment building project is planned to be developed on the plot in the future.
During the first PROFITUS financing stage, the funds raised were used to partially finance the acquisition of the land plot and for working capital, including loan servicing costs and the preparation of documentation required to obtain a construction permit. Since the previous financing stage, the preparation and coordination of the project documentation has continued; however, the construction permit has not yet been obtained. Due to the coordination procedure taking longer than initially planned, the project financing is being continued at this stage, providing the project owner with additional time to complete the documentation and coordination procedures.
The construction of the apartment building and other project development works will not be financed with the funds from this loan.
Loan information:
The loan will be repaid through refinancing, while interest to investors will be paid from the company's shareholder capital.
The project loan agreement is valid until 2027-02-17. Funds for the project may be raised in stages, while the duration of this financing stage is 6 months, but no longer than until 2027-02-17.
The maximum planned project financing amount, secured by a first-ranking mortgage: 151 250 EUR. Please note that in subsequent stages, the project may be financed with the loan secured by a second-ranking mortgage. 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 have to be carried out, and subsequent Project financing stages will be announced and funds raised only if the established maximum LTV is not exceeded.
We plan to raise the required amount within 7 days, with the possibility of extending the fundraising period up to 30 days if the funds are not raised.
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.
