- Experience with PROFITUS: The project owner has successfully completed 2 similar projects in Vilnius in cooperation with the PROFITUS platform. Investors were repaid on time.
- Construction progress: The project developer is carrying out construction works in stages using own and raised funds. Since the previous financing stage, construction has progressed significantly – the pledged residential houses have already reached the partial completion stage. Only finishing works and landscaping remain.
- Strategic location: The project is being developed in attractive locations in Vilnius and Vilnius District, where individual housing development is active. The plots offer convenient connections to the city centre via the Vilnius Southern Bypass and the main city arteries – Pilaitės Avenue and T. Narbuto Street, increasing the attractiveness of the properties to end buyers.
Interest rates by investment amount:
– From 100 EUR to 749 EUR – 8.40%
– From 750 EUR to 2 999 EUR – 8.60%
– From 3 000 EUR – 8.80%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner is developing a detached residential housing project in Vilnius city and Vilnius District, comprising 6 single-family residential houses, each on a separate land plot. The total planned project area is 716,88 m². All houses are designed with full interior finishing and furniture and will therefore be sold fully fitted and ready for immediate occupancy. Construction works are being carried out in stages using the developer’s own and raised funds.
Since the previous financing stage, construction and fit-out works have continued at the project properties. The pledged residential houses have now reached the partial completion stage – the main construction works have been completed, with only final interior and exterior finishing works and landscaping remaining.
Five of the six land plots are currently owned by private individuals with whom superficies agreements have been concluded. Under these agreements, the project developer has been granted the right to use the plots free of charge until 24 January 2029, and the developer is obliged to acquire these land plots before the end of this period.
The properties are being developed in attractive residential locations – Pilaitė (Glapo St.) and Pagiriai (Kalno St. and Pienių St.). These areas are characterised by active development of individual housing and are attractive to buyers looking for their own home near Vilnius. The Pilaitė location benefits from well-developed infrastructure, with shopping centres, schools and other services nearby, while the distance to Vilnius city centre is approximately 12–13 km. Due to its urbanised surroundings and convenient transport connections, the area has above-average real estate liquidity. The Pagiriai location is a rapidly developing area of individual housing, approximately 15–16 km from Vilnius city centre. It is attractive to buyers who value a quieter environment, proximity to nature and the opportunity to purchase a private home at a competitive price close to the capital.
Construction and full fit-out works are planned to be completed in November–December 2026, while the total projected sales revenue for the entire project is approximately 1 456 566 EUR.
Loan Information:
The loan will be repaid from property sale proceeds, while interest will be paid from the company’s working capital or shareholders’ capital. The project loan agreement is valid until 2028-03-11. Funds for the project may be raised in stages, with the duration of this financing stage being 6 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 term of the project loan agreement – 2028-03-11.
Maximum planned project financing amount: 900 000 EUR (800 000 EUR already raised). The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value (LTV) ratio is reached. Once the maximum LTV is reached, a new property valuation must be carried out, and further Project financing stages will be announced and funds raised 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 fully 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.
