Back to Profitus offerings
CrowdSpace is not liable for the content presented in this offering. Check with the information on the official Profitus website and make informed decisions based on your own research.

We present a new staged financing project - "Nauji namai Baltuose". The funds raised will be used for the development of a real estate project. The amount raised at this stage is EUR 250 000.

The aim of the project:
The project owner will arrange environment on 5 plots of a land with a total land area of 46.1 ares and complete the construction and finishing works. Currently, 6 houses (consisting of 15 economic segments) have been built on the land plot, the purpose of which will be changed to residential within 6 months. Two houses already have windows and doors. Also, all buildings have internal communications, walls and ceilings covered with plasterboard. This loan will be covered by sales proceeds.

To secure the interests of investors, real estate is pledged with a primary mortgage:
To secure the interests of investors 5 plots of land with 15 farm buildings (actually individual residential houses) are pledged in Vilnius, Zubiskiu st. 101, 103, 105, 111 and 113.According to an independent real estate appraiser, the value of real estate pledged to investors is EUR 475 200.

Maximum planned amount of funding for the project: EUR 332 000. The project is funded based on the current mortgage valuation until it reaches the maximum LTV set. When maximum LTV is reached, a new valuation of the property will be required and further project funding stages will be announced and collected only if the maximum LTV set is not exceeded.

Interest by investment amount:
- From 100 EUR to 999 EUR – 9%
- From 1 000 EUR to 9 999 EUR – 10%
- From 10 000 EUR to 29 999 EUR – 11%
- From 30 000 EUR – 12%
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

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
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
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.

Profitus alternatives

crowdfunding report 2023
Get our latest European Crowdfunding Market Report 2023

Our brand new report gives insights into the state of the crowdfunding market in general and goes in-depth regarding funding volumes, backer and fundraiser profiles, regulatory implications, technical challenges and more. Grab your copy, it's FREE!