We present a new financing project "Loftas metropolyje". The project owner will use the raised funds for the refinancing of existing loans and for the development of real estate. The amount to be raised is EUR 100 800.
About the project:
ANDRUM METROPOLIS is a new multi-storey residential building with commercial premises on the first floor. A great location - an active city centre, near the Vilnius municipality, business and shopping centres, entertainment and educational places. At the same time, it is a quiet place to live, as the project is being developed away from the city's main streets.
The aim of the project:
The raised funds will be used for the refinancing of the existing loan and the installation of creative workshops on the first floor of the 48.18 square meter brick apartment building built in 2022. After the installation work is completed, the creative workshop will be sold. Estimated sales revenue is around EUR 240 000. The proceeds of the sale will repay this loan.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors, an apartment of 48.18 square meters is pledged at Krakuvos st. 60-96, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 150 000.
Interest by investment amount:
- From 100 EUR to 499 EUR – 9%
- From 500 EUR to 1 499 EUR – 9.5%
- From 1 500 EUR to 4 999 EUR – 10%
- From 5 000 EUR – 10.5%
Important: investments made separately are not aggregated.
We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds.
About the Profitus
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.
