- Experienced developer: The Project Owner belongs to a group of companies operating in the real estate development market since 2006. Over its years of operation, the group has completed more than 20 residential and commercial projects with a total area exceeding 12 000 m².
- Additional security: The company’s manager and UAB NTX projektai additionally provide guarantees for the entire loan amount.
- Construction progress: Since the previous financing stage, the second and final floor of the building has been constructed, façade works have commenced, and windows have been installed on the first floor. The building completion level registered in the Real Estate Register has increased from 13 % to 33 %.
Interest rates based on the investment amount:
– From 100 EUR to 299 EUR – 8.70%
– From 300 EUR to 699 EUR – 8.90%
– From 700 EUR to 1 999 EUR – 9.10%
– From 2 000 EUR to 4 999 EUR – 9.30%
– From 5 000 EUR to 9 999 EUR – 9.50%
– From 10 000 EUR – 9.70%
Important: separate investments are not aggregated and cannot be combined.
About the Project:
“Savo ritmu” is a small-scale residential project being developed in the Kalnėnai district of Vilnius, at Osetinų st. 6. The project will comprise 28 apartments, 12 storage units and 21 parking spaces. Apartment sizes will range from 46 to 95 m², with 2–5-room apartments planned. More information about the project: savoritmu.lt. The Project Owner acquired a 0.2607 ha land plot with a valid construction permit in February 2026.
Since the previous financing stage, construction works have progressed significantly – the second and final floor of the building has been constructed, façade works are currently underway, and windows have already been installed on the first floor. The building completion level registered in the Real Estate Register has increased from 13 % to 33 %. Progress has also been recorded in project sales – 5 preliminary sale and purchase agreements have already been signed.
Construction completion and the start of signing final sale and purchase agreements are planned for Q2 2027. Total projected sales revenue of the project amounts to 5 835 104 EUR.
Location:
The project is being developed in the Kalnėnai district, in the eastern part of Vilnius, approximately 7–8 km from the city centre. The district has been developing rapidly in recent years and is emerging as a residential area characterised by newly built detached and semi-detached housing developments. From a development perspective, the location can be regarded as a growing area due to continued urban development, improving infrastructure and the formation of a stable residential environment. Although low-rise housing predominates in the district, the apartment building project may occupy a niche position by offering an alternative to buyers seeking to live in Kalnėnai with lower acquisition and maintenance costs.
Loan information:
The loan will be repaid from property sales proceeds, while interest will be paid from the company’s working capital or advance payments.
The maximum planned project financing amount, secured by first-ranking and second-ranking mortgages: 4 500 000 EUR (1 117 350 EUR has already been raised, with the loan secured by a first-ranking mortgage, and 429 750 EUR with the loan secured by a second-ranking mortgage.). The Project Loan Agreement is scheduled to mature on 2029-03-01. Funds for the project may be raised in stages, while the duration of this financing stage is 12 months. Upon expiry of this stage, if necessary, continued project financing may be carried out, i.e. funds for the project may be raised through a new financing stage without exceeding the final maturity date of the Project Loan Agreement. The amount may be raised in stages. Please note that in subsequent stages, the project may be financed with the loan secured by a second-ranking mortgage. The project is financed based on the current valuation of the mortgaged property until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, a new property valuation will have to be carried out, and subsequent Project financing stages will be announced and funded only if the established maximum LTV is not exceeded.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period up to 30 days if the funds are not raised.
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.
