- Liquid Asset: The pledged property is located in a strategically attractive location at the beginning of Kaunas Old Town, on Vilniaus Street, one of the busiest areas in the city centre, ensuring high property liquidity.
- Stable Rental Income: The property is leased under a long-term rental agreement valid until August 31, 2030. Monthly rental income amounts to 1 915,20 EUR excluding VAT, with the rental rate indexed annually according to the Consumer Price Index (CPI).
- Experienced Developer: The AB “Nuova” group of companies is an experienced real estate developer with over 30 years of experience in the market, successfully managing projects of various types.
Interest Rates by Investment Amount:
– From 100 EUR to 299 EUR – 8.00%
– From 300 EUR to 699 EUR – 8.20%
– From 700 EUR to 1 999 EUR – 8.40%
– From 2 000 EUR to 4 999 EUR – 8.60%
– From 5 000 EUR to 9 999 EUR – 8.80%
– From 10 000 EUR – 9.00%
Important: Separate investments are not added together and cannot be combined.
About the Project:
The project owner belongs to the AB “Nuova” group of companies, whose main activities include real estate development, leasing, acquisition, sale, management, and administration. The group has been operating in the real estate market since 1993 and has accumulated over 30 years of experience in developing and managing various types of real estate projects. As collateral for the loan, the project owner pledges its privately owned non-residential premises designated for use as a café, with a total area of 95,76 m², located at Vilniaus g. 35-1B, Kaunas.
The property is situated in the central part of Kaunas, in a strategically attractive location for commercial activities, and is currently leased. A long-term lease agreement was signed on June 12, 2025, valid from September 1, 2025, to August 31, 2030. The agreed rental rate is 20,00 EUR/m² per month excluding VAT. Based on the registered area of 95,76 m² in the Real Estate Register, monthly rental income amounts to 1 915,20 EUR excluding VAT, or 22 982,40 EUR excluding VAT over a 12-month period. Under the lease agreement, the tenant additionally covers utility costs, administration fees, and other expenses related to the use of the premises.
The rental rate is indexed annually according to the Consumer Price Index (CPI), providing the potential for rental income growth.
The funds raised during this financing stage will be used to refinance an existing PROFITUS loan, with the aim of extending the financing period and allowing additional time for the sale of the property.
Loan Information:
The loan will be repaid from the proceeds of the sale of another development project. Interest payments to investors will be covered by rental income.
Maximum planned project financing amount: 225 000 EUR. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached. The planned loan term is 12 months. Funds for the project may be raised in stages, and the duration of this financing stage is 3 months. Upon expiry of this stage, if necessary, continued project financing may be carried out, meaning that funds may be raised through a new financing stage without exceeding the final maturity date of the project loan agreement.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the required funds are not collected.
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.
