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Namas J. Zikaro g.

Profitus
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100 %
  • Status funded
  • Goal 138,600 EUR (€)
  • Raised 138,600 EUR (€)
  • Investors 207
  • Interest rate 9%
  • Loan To Value(LTV) 70%
  • Credit Duration 12 month

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.

Project owner:
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.

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