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Loftai Buivydiskiu g.

Profitus
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100 %
  • Status funded
  • Goal 175,800 EUR (€)
  • Raised 175,800 EUR (€)
  • Investors 233
  • Interest rate 10.5%
  • Loan To Value(LTV) 70%
  • Credit Duration 6 month

We present a new project for investment “Loftai Buivydiskiu g.”. The raised funds will be used by the project owner for the purchase of real estate. The amount to be raised for the project is EUR 175 800.

About the project owner:
The project owner has experience in real estate development. Implemented different real estate development projects with a total area of 2 148 square meters.

The aim of the project:
The project funds will be used for the purchase of 119.54 square meters of industrial premises in Vilnius. The owner of the project buys 4 production premises for EUR 251 215. The owner intends to carry out repair work with his own funds, equipped with all household appliances and furniture. After these works, the lofts will be sold. Estimated sales revenue is EUR 388 000. The proceeds of the sale will be used to repaid this loan.

To secure the interests of investors, real estate is pledged with a primary mortgage: 
To secure the interests of investors, four production premises with a total area of 119.54 square meters are pledged, at Buivydiskiu st., 36-102, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 251 200.

Interest by investment amount:
– From EUR 100 to EUR 499 – 10,5%
– From EUR 500 to EUR 2 999 – 11%
– From EUR 3 000 to EUR 9 999 – 11,5%
– From EUR 10 000 to EUR 19 999 – 12%
– From EUR 20 000 – 12,5%
Important: investments made separately 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.

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