Back to Profitus offerings

„NT Vystma“ pletra

Profitus
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.
100 %
  • Status funded
  • Goal 259,700 EUR (€)
  • Raised 259,700 EUR (€)
  • Investors 210
  • Interest rate 8.5%
  • Loan To Value(LTV) 70%
  • Credit Duration 8 month

We are presenting a new financing project “NT Vystma” pletra”, the funds of which will be used to increase the company’s working capital. The amount to be raised is EUR 260 000.

The aim of the project:
The project owner intends to buy the company and the real estate project it is developing in Kaunas. The loan will be covered from the available operating income of the companies, and the loan will be repaid from the income from the sale of other real estate projects under development.

About the project owner:
The project owner has experience in both the development of real estate projects and the execution of construction works. The company’s shareholders manage a group of companies engaged in building conversion projects, lofts and construction work. The client has 17 years of experience in construction work, has successfully developed and sold about 1 200 square meters of real estate.

To ensure the interests of investors, a real estate primary mortgage is pledged:
To protect the interests of investors, a 20-acre plot of land with a 375.65-square-meter administrative building, a 741.05-square-meter Building-Garage and a courtyard building at Sandraugos st. 11, Kaunas. The property is registered at 100% completion. According to an independent real estate appraiser, the value of the mortgaged property is EUR 361 000.

Interest by investment amount:
– From EUR 100 to EUR 999 – 8,5%
– From EUR 1 000 to EUR 4 999 – 9%
– From EUR 5 000 to EUR 9 999 – 9,5%
– From EUR 10 000 – 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.

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!