- Experience with PROFITUS: The project owner has financed several projects in cooperation with PROFITUS, where sales are currently progressing successfully and the loans are being repaid.
- Developer’s experience: The developer has extensive experience in residential and commercial real estate development dating back to 2006, having completed approximately 6000 m² of various projects in Vilnius and its surrounding areas.
- Exclusive location: The property is located in the exclusive and prestigious Laurai residential area, surrounded by nature and conveniently accessible, making it highly liquid.
Interest rates based on the investment amount:
– From 100 EUR to 299 EUR – 9.30%
– From 300 EUR to 699 EUR – 9.50%
– From 700 EUR to 2 499 EUR – 9.75%
– From 2 500 EUR to 7 499 EUR – 10.00%
– From 7 500 EUR – 10.30%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
In 2023, the project owner acquired a land plot with an apartment building located on Laurų St., Vilnius. The building is divided into five apartments, with each apartment assigned a corresponding part of the land plot according to the established usage arrangement. Some of the apartments are fully finished, while others are partially finished. Two of the five apartments have already been sold, while the remaining three are currently being offered for sale. A preliminary purchase and sale agreement has already been signed for two of the apartments being sold, and the notarised purchase and sale agreement is expected to be concluded at the end of October 2026. The proceeds from this sale will be used to partially repay the existing PROFITUS loan.
The funds raised during this financing stage will be used for the continued financing of the project, providing the project owner with additional time to complete the sales. The project loan agreement is scheduled to expire on 2027-06-10. Funds for the project may be raised in stages, while the duration of this financing stage is 8 months.
The project is being developed in the exclusive and prestigious Laurai residential area, located in the Antakalnis district of Vilnius, near the Neris River. It is one of the capital’s most valuable residential areas, characterised by a peaceful environment, well-developed infrastructure and good transport connections.
Loan information:
The loan is expected to be repaid from the proceeds of property sales. Interest payments to investors will be covered from the project owner’s own funds.
Maximum project financing amount: EUR 1,700,000. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value (LTV) ratio is reached.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period up to 30 days if the funds are not fully 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.
