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The purpose of the loan is for administrative premises located at Kalvariju str. 125B, Vilnius, acquisition. The premises to be purchased are 817.92 sq.m, on the 8th floor. After purchasing these premises, the borrower will carry out the reconstruction and form 25 separate property units - lofts. The K125 is the only loft project in this part of the city at an affordable price for future buyers. Panoramic windows, high ceilings and modern housing close to Vilnius city center. The borrower invests EUR 200,000 his own funds for the purchase of premises. The premises will be divided into 25 separate unique rooms (separate unique numbers will be registered) and sold as lofts. The planned sales prices per square meter with VAT are 1,361-1,714 euros. 6 preliminary sales agreements have already been signed. Property, that is acquired and mortgaged - only 3 km to the city center of Vilnius. Convenient transportation by both public and private transport. The city center is just a 5-minute drive away. Investors will be pledged the property with a primary mortgage. We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds. Photos of the house where premises are located and visualizations of future lofts are provided. More info: https://www.k125.lt

About the Profitus

ECSP license

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.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 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. Profitus operates with Lemonway, a regulated payment service provider.

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