- Attractive Location: The project is being developed in an exclusive part of Marijampolė – Pašešupys Park, near Sakura Island.
- Construction Progress: In the first apartment building "Migdolas", the main construction works have already been completed – from the foundation to the fifth floor: floors, walls, and the roof have been installed.
- Architectural Quality: The project was designed by award-winning architect Gintautas Vieversys, ensuring architectural solutions that combine aesthetics, functionality, and added value.
- Developer’s Experience: The company’s director has accumulated experience in developing over 15,000 m² of residential and commercial space. He has completed 6 residential housing complexes and established a network of 182 gas stations across Lithuania.
Interest Rates Based on Investment Amount:
– From 100 EUR to 699 EUR – 9.20%
– From 700 EUR to 9 999 EUR – 9.50%
– From 10 000 EUR – 9.80%
Important: Separate investments are not cumulative and cannot be combined.
About the Project:
The project owner is developing a new residential real estate project “Sakurų Namai” (Sakura Homes), located at Parko g. 1D, Marijampolė. The project is being implemented in one of the most exclusive areas of Marijampolė – Pašešupys Park, near Sakura Island. The plan includes the construction of two five-story apartment buildings.
The funds raised during the loan term will be used exclusively for the construction of one building – Block A, titled “Migdolas.” This building is planned to include 20 apartments with a total sellable area of 1,134.12 m² and a project gross area of 1,432.68 m². Along with the apartments, 20 above-ground parking spaces will be sold.
Construction is already well advanced: the five-story structural frame has been built, along with foundations, floor slabs, walls, and the roof. According to the Center of Registers, the officially registered completion rate is 7%, though the actual completion is approximately 45%. The building is planned to be finished up to partial interior installation and reach an 85% registered completion rate by January 1, 2026. The majority of apartments are expected to be sold by April 1, 2026.
The total planned sales revenue from the project – including apartments and parking spaces – is estimated at 2,660,000 EUR (excluding VAT). In this financing stage, the funds raised will be allocated as follows: 375,000 EUR for refinancing an existing loan at another credit institution, and the remaining 275,000 EUR for real estate development.
Loan Information:
The loan will be repaid using revenue from the sale of the constructed property. Interest to investors will be paid from advance payments and the company’s own capital.
Maximum Planned Project Financing Amount: 1,250,000 EUR. The project will be financed according to the appraised value of the mortgaged property, until the maximum Loan-to-Value (LTV) ratio is reached. Once the LTV limit is reached, a new property valuation will be required, and further financing stages will only proceed if the maximum LTV is not exceeded.
The targeted amount is planned to be raised within 7 days, with the option to extend the fundraising period up to 30 daysif the full amount is 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.