We present a new financing project - "Namas Garliavoje Kadagiu 14". The raised funds will be used for the development of the real estate project. The amount to be raised is EUR 64 000.
About the project:
The owner of the project is developing an A++ class, 204 square meter, two-story semi-detached house on a 9.18-acre plot of land. Currently, in the project, the foundations of the semi-detached house have been poured, the walls have been raised, and the roof has been covered. The apartments in the semi-detached house will be sold partially finished. Estimated sales revenue of the entire project is EUR 300 000.
About the project owner:
The owner of the project has accumulated 20 years of experience in the field of real estate. In total, he has developed different real estate development projects with a total area of 5 000 square meters.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To protect the interests of investors, a two-story semi-detached house under development with an area of 204 square meters and a plot of land with an area of 9.18 acres are pledged at Kadagiu str. 14, Rinkunu village, Kaunas district. According to an independent real estate appraiser, the value of real estate pledged to investors is EUR 107 000.
Interest by investment amount:
- From 100 EUR to 499 EUR – 10.5%
- From 500 EUR to 2 499 EUR – 11%
- From 2 500 EUR – 11.5%
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.
