- Attractive location: The pledged property is located in the centre of Kaunas, on Žemaičių Street – a well-developed part of the city offering convenient transport connections, established infrastructure, and stable demand for commercial real estate.
- Experienced developer: The shareholders of the project owner have developed more than 10 000 m² of various types of real estate in Kaunas and have extensive experience in the development and management of real estate projects.
- Secured property sale: A notarised sale and purchase agreement for the pledged property has already been signed, meaning the sale of the property has been contractually secured. Under the notarised agreement, part of the buyer's payments will be transferred directly towards the repayment of the loan.
Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 6.50%
– From 350 EUR to 749 EUR – 6.80%
– From 750 EUR to 2 499 EUR – 7.20%
– From 2 500 EUR to 6 999 EUR – 7.60%
– From 7 000 EUR to 19 999 EUR – 8.00%
– From 20 000 EUR – 8.30%
Important: Individual investments are not aggregated and cannot be combined.
About the Project:
The project owner, AB "Nuova", is engaged in real estate development and asset management. This financing is secured by 2 267.49 m² of hotel premises together with the leasehold right to a 0.1023 ha state-owned land plot, located at Žemaičių g. 31-4, Kaunas.
The pledged property has already been sold under a notarised sale and purchase agreement, with the final settlement scheduled for January 2027. According to the notarised agreement, the buyer will make payments in stages, with part of each payment being transferred directly towards repayment of the loan. It is planned that portions of the loan will be repaid to investors in October, November and December 2026 from the buyer's interim payments made under the notarised agreement, while the final settlement for the sold property is scheduled for January 2027.
The funds raised will be used as the company's working capital and allocated to the development of other real estate projects undertaken by the company.
Loan information:
The loan will be repaid from proceeds generated by the sale of the property. Interest will be paid from the company's operating income.
The maximum planned project financing amount is 630 000 EUR (EUR 130,000 already funded). The project is financed based on the current valuation of the pledged collateral until the maximum permitted loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and further project financing stages will be be announced and funded only if the maximum permitted LTV is not exceeded.
We plan to raise the target amount within 7 days, with the possibility to extend the fundraising period up to 30 days if the target amount is not reached.
About the Profitus
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.
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.
