Namas J. Zikaro g.Profitus
We present a new financing project “Namas J. Zikaro g.“, The funds of which will be used for real estate development. The amount to be raised is EUR 138 600.
The project owner’s company has been developing real estate for 9 years. The owner has the status of a reliable developer and has experience in the construction of houses and two-apartment houses. Previously, the project owner successfully implemented 8 real estate projects on the Profitus platform and always paid interest and repaid loans to investors on time.
The aim of the project:
The project owner will install a 154.21 square meter block masonry one-apartment residential house with a garage. The house already has boilers and ducts. The completion rate of the one-apartment residential houses currently 85%. For the raised funds, the project owner will fully equip this house and sell it.
To ensure the interests of investors, a real estate primary mortgage is pledged:
To protect the interests of investors a 7.87-acre plot of land with a 154.21-square-meter residential building with a garage is pledged at Juozo Zikaro st. 21, Vilnius. Asset completion 85%. According to an independent real estate appraiser, the value of the mortgaged property is EUR 198 000.
Interest by investment amount:
– From EUR 100 to EUR 499 – 9%
– From EUR 500 to EUR 4 999 – 9,5%
– From EUR 5 000 – 10%
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.