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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 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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