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  • The pooled funds will be used for real estate development;
  • The owner of the project has 15 years of experience in the construction sector and has developed over 3 000 square metres of projects;
  • The property is located in a new-build development of detached and semi-detached residential buildings;
  • The developer has already invested EUR 165 000 of its own funds.

About the project owner:
The project owner has experience in real estate. The property owner has experience in real estate projects, including residential buildings in Papiskes and Grendaves streets. Together with Profitus, the developer financed 6 projects. 3 projects were successfully completed and investors were settled on time.

Project objective:
The project will finance the development of a residential building in the Vilnius district. Currently, the registered completion rate of the residential building, according to the data of the Centre of Registers, is 34% and the actual completion rate, based on the works already carried out, is 44%. The owner of the project intends to furnish the residential house in a modern way with all appliances and furniture. After completion of these works, the house will be sold. The loan will be covered by the proceeds of the sale of the mortgaged property. The estimated proceeds from the sale of the house are EUR 473 784.

Interest by investment amount:
– From EUR 100 to EUR 499 – 9.2%
– From EUR 500 to EUR 1 999 – 9.7%
– From EUR 2 000 to EUR 4 999 – 10.2%
– From EUR 5 000 to EUR 9 999 – 10.7%
– From EUR 10 000 – 11.2%
Important: Individual investments are not aggregated and cannot be pooled.

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

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
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
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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