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Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
Latgalos apartments, Palanga
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  • Exceptional Real Estate Experience: The company director's extensive experience in developing over 20,000 m² of real estate projects is a testament to her ability to effectively manage projects and instill confidence in their successful completion.
  • Equity Investment: The developer has already invested EUR 36,786 of their own funds, demonstrating a personal commitment and responsible approach to the project's success.
  • Credit History: The project owner has no history of loan defaults. PROFITUS has financed 3 projects and has fulfilled its obligations to investors on time.

About the Project Owner:
A stable and reliable company specializing in the leasing and operation of owned and rented real estate. The company director, with over 10 years of experience in the real estate sector, continuously strives for innovation and efficiency, enabling successful project management in various market conditions. Her experience and strategic thinking ensure that all projects are completed on time and meet the highest quality standards, making the company stand out for its ability to deliver value to clients and partners.

About the Project Being Refinanced:
The project owner seeks to refinance the existing obligation. The refinancing was planned to repay the loan for the purchase of a two-story apartment located in Palanga (Latgalos st. 9B-1). The apartment features a modern layout – the first floor has a spacious open-plan kitchen and living area, ideal for family gatherings and relaxation, while the second floor has two cozy bedrooms, ensuring privacy. According to the Registry Centre, the apartment has a registered completion of 100%, indicating that all necessary work has been completed and the property is ready for use. The loan is planned to be covered by income from short-term rentals or the sale of the apartment, but if the sale does not occur, the company owner is prepared to explore refinancing options.

 

We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.

Location
Latgalos st. 9B-1, Palanga, Lithuania

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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