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Project “Patalpos St. Mykolo g. ”Purpose of the loan: refinancing of the previous loan. The previous loan was used for the development of other group projects. To ensure the interests of investors, the primary mortgage is pledged 101.81 sq. m. of premises in the Old Town of Vilnius. The premises are fully equipped, furnished, reconstructed in 2004. Separate entrance directly from the main street in a visible place. Currently, the main activity of the group of companies is real estate development, construction of multi-apartment buildings and cottages. The developer has developed 11 thousand. sq. m., the whole group of companies 55 thousand sq. m. This loan will be repaid from the proceeds of the sale of the property. We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days. without raising 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.

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