- Experience with PROFITUS: The Project Owner has successfully completed the "Namas Europos parko g." project and the first stage of the Kaributo Namai development through the PROFITUS platform. Investors were repaid on time.
- Experienced developer: The Project Developer has been operating in the real estate market since 2014. Over more than a decade of experience, the group of companies has successfully developed more than 50 residential projects with a total area of approximately 10 000 m².
- Construction progress: Construction works are progressing consistently – the registered completion level of the houses currently reaches up to 30%, the walls of some houses have already been concreted, and roof installation works are underway.
Interest rates based on investment amount:
– From 100 EUR to 349 EUR – 8.00%
– From 350 EUR to 749 EUR – 8.20%
– From 750 EUR to 2 999 EUR – 8.40%
– From 3 000 EUR to 9 999 EUR – 8.60%
– From 10 000 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 on Spindulio Street, Didieji Gulbinai village, Vilnius district. The project includes the construction of 8 single-family houses and 1 semi-detached house, with a total planned area of 1 330.51 m². Construction works are ongoing, and the registered completion level of the houses currently reaches up to 30%. Since the previous financing stage, the walls of some houses have been concreted, and roof installation works are also underway.
The Developer plans to conclude the first notarised sales transactions in Q4 2026. Since the previous financing stage, 2 additional preliminary sale and purchase agreements have been signed. In total, 3 preliminary sale and purchase agreements for residential houses have currently been signed.
The project is being developed in a promising area of Vilnius district, characterised by convenient connections to the centre of Vilnius and well-developed infrastructure required for everyday life. Educational institutions, shopping centres and public transport stops are located nearby, while green areas and bodies of water complement the residential environment.
The projected total sales revenue of the project is 2 748 988 EUR.
Loan information:
The loan will be repaid from property sales proceeds, while interest to investors will be paid from received advance payments or the company's operating income.
The maximum financing amount for the project is 2 100 000 EUR (490 000 EUR already raised). The project loan term is 18 months; however, funds will be raised in stages, and the funds raised during this stage will have a term of 5 months. 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 ratio is reached, further LTV calculations will be based on construction work certificates approved by the architect, together with up-to-date external property valuations.
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.
