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Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
Pavasariai neighborhood, Vilnius d. III
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  • Experienced team: The project is developed by a real estate development group that has completed approximately 20 000 m² of residential projects. The team has experience in territorial planning, change of land use, land plot formation, infrastructure development, and final sales stages. An analogous residential quarter “Pavasariai” has already been developed on the adjacent plot, where construction and sales are ongoing. The project has generated market demand, and the development model in this location has been practically validated.
  • Strategic location: The plots are located in Vilnius district, Nemėžis eldership, Daržininkai village, near the A3 highway, ensuring convenient access to Vilnius city center. WakeWay park operates nearby, and new individual housing quarters are actively forming in the area. The surroundings are developing consistently, increasing the attractiveness of the territory for residential living.
  • Advanced planning stage: The project has already received an order from the Vilnius District Municipality Administration for the organization of the land plot formation and rearrangement project preparation, and the detailed plan preparation has commenced (estimated duration – approx. 9 months). The project is developed in a territory where an analogous quarter has already been successfully implemented; therefore, planning and commercialization assumptions are based on practical experience.

Interest rates according to investment amount:
– From 100 EUR to 299 EUR – 9.10%
– From 300 EUR to 499 EUR – 9.30%
– From 500 EUR to 999 EUR – 9.50%
– From 1 000 EUR to 2 499 EUR – 9.75%
– From 2 500 EUR to 4 999 EUR – 10.00%
– From 5 000 EUR to 9 999 EUR – 10.30%
– From 10 000 EUR to 24 999 EUR – 10.60%
– From 25 000 EUR – 11.00%
Important: separate investments are not aggregated and cannot be combined.

About the Project:
The project owner intends to acquire three agricultural land plots located in Vilnius district, Nemėžis eldership, Daržininkai village, and convert them into residential land, developing a residential quarter of single-family and semi-detached houses “Pavasariai”. It is planned to reorganize the three plots into 88 separate plots and develop a fully structured individual housing quarter adapted for families and long-term living. On the adjacent plot, the project owner has implemented an analogous residential project “Pavasariai”, where infrastructure has been developed, green areas formed, and convenient access to Vilnius city center ensured. The project has attracted active buyer demand, and construction and sales are progressing successfully. The completed project can be reviewed at: www.pavasariai.lt.

For the planned development stage, an order has already been received from the Vilnius District Municipality Administration for the organization of the land plot formation and rearrangement project preparation, and the detailed plan preparation has commenced (estimated duration – approx. 9 months). As an analogous quarter in this territory has already been developed and is being sold, planning processes and market demand are validated in practice rather than based on forecasts. The project is developed near the A3 highway, ensuring convenient access to Vilnius city center. WakeWay park operates nearby, and new individual housing quarters are actively forming in the area. The territory is surrounded by residential, recreational, and public-use facilities.

Total projected sales revenue of the project – approx. 2 243 000 EUR.

Loan information:
The loan will be repaid through refinancing, and interest to investors will be paid from the shareholders’ capital.

The maximum planned project financing amount secured by a first-ranking mortgage: 1 345 800 EUR (Already raised 670 000 EUR). The amount may be raised in stages. In later stages, the project may be financed with a second-ranking mortgage. Interest will start accruing once the full required amount of 1 345 800 EUR is raised. The project is financed based on the current pledged asset valuation until the maximum LTV is reached. Upon reaching the maximum LTV, a new valuation will be required, and further financing stages will be announced only if the maximum LTV is not exceeded.

The targeted amount is planned to be raised within 7 days, with the possibility to extend up to 30 days.

Location
Austeju st., Nemezis eld., Vilnius dist., Lithuania

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros. Profitus investments are secured by real estate mortgages, Your investment is secured by a first or second mortgage on the property, as well as by other collateral (e.g. a surety or guarantee). Transactions are managed through Lemonway, a regulated payment service provider.

Minimum investment
100 EUR
Advertised return
11,4%
Investors
44,041
Payment options
Direct debit, Bank transfer
Total funding volume
254,260,361 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. Profitus operates with Lemonway, a regulated payment service provider.

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