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Project "Premises, Pylimo str." at Vilnius oldtown. To ensure the interests of investors, 414,12 m2 premises at Pylimo str. 59-17, Vilnius, will be mortgaged. Project funds will be allocated for the development of this project and refinancing of other loan. Currently, the purpose of the mortgaged premises is "other", but some of the premises were used as shop premises a couple of months ago, they have windows and an exit to Pylimo Street. In the near future, the purpose of premises will be changed to residential. The following works will be carried out with the help of this loan: external walls will be painted, apartments with finishing will be installed. Previously, the developer developed the project "Angelo Loftai" in Uzupis, the project was successfully completed, the investors were settled in March 2020. 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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