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Namas V. Alanto g.

Profitus
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100 %
  • Status funded
  • Goal 129,000 EUR (€)
  • Raised 129,000 EUR (€)
  • Investors 238
  • Interest rate 9.5%
  • Loan To Value(LTV) 70%
  • Credit Duration 6 month

We present a new project for investment, “Namas V. Alanto g.”. The project owner will use the raised funds for the refinancing of existing loan and for the development of real estate. The amount to be raised for the project is EUR 129 000.

The aim of the project:
The owner of the project will allocate part of the raised funds to the refinancing of the available loan, and the other to the completion of the construction of a semi-detached house with an area of 110.31 square meters, energy class A++, at the address Ozeliu str., Dembava, Panevezys district. Currently, the registered completion of the house is 80%. This loan will be repay from the income from the sale of real estate. Estimated sales revenue for the entire project is EUR 135 000.

About the project owner:
The project owner has experience in the field of real estate project development. Since 2002 company have developed 14 different projects (a total of 27 residential houses) with an area of 3 300 square meters.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To protect the interests of investors, a newly built, fully furnished, 155-square-meter residential house with a 9-acre plot of land belonging to it are pledged, at V. Alanto st. 31, in Panevezys. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 249 000.

Interest by investment amount:
– From 100 EUR to 499 EUR – 9,5%
– From 5 00 EUR to 1 499 EUR – 10%
– From 1 500 EUR to 2 999 EUR – 10,5%
– From 3 000 EUR – 11%
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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