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The purpose of the loan is acquisition of the premises located at A. Vivulskio str. 6, Vilnius. The premises to be purchased are 180.41 sq.m, on the fifth floor. The registered completion of the acquired premises is currently 100%, the year of construction is 1940. Premises at Vivulskio st. will be mortgaged to protect the interests of investors: • 180,41 sq.m premises, A. Vivulskio st. 6, that will be converted into 5 apartments. • The premises already have a permit for major repairs to the building. Repair work started on the premises. Premises are in a quiet place, just a few minutes to the Old Town. Around the developed infrastructure - there are schools, kindergartens, shops, pharmacies, polyclinic. Investors will be pledged with a primary mortgage. 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.

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