- Experience with PROFITUS: The project owner has successfully completed the "House on Europos Parko St." project and the first development phase of Kaributo Houses through the PROFITUS platform. All repayments to investors were made 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: The project is progressing rapidly – two residential houses (Spindulio St. 37A and Spindulio St. 39) have already reached 85% construction completion. Progress is also evident in the other houses – interior partitions are being installed, floor concreting and facade finishing works are underway, and the roofs have already been insulated.
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 1 999 EUR – 8.40%
– From 2 000 EUR to 4 999 EUR – 8.60%
– From 5 000 EUR to 9 999 EUR – 8.80%
– From 10 000 EUR – 9.00%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner is developing a residential housing project on Spindulio Street in Didieji Gulbinai village, Vilnius district. The project involves the construction of 8 detached houses and 1 semi-detached house, with a total planned area of 1 330,51 m².
Construction works are actively progressing. Two residential houses, located at Spindulio St. 37A and Spindulio St. 39, have already reached 85% construction completion, as confirmed by an external property valuation and data from the Real Estate Register. Construction is also progressing on the remaining houses: floor concreting has been completed in some houses, while concreting works continue in others. Interior partitions are being installed, facade works are underway, and the roofs have already been insulated.
The developer plans to conclude the first notarised property sale transactions in Q4 2026. A total of 3 preliminary purchase and sale agreements for residential houses have been signed to date.
The project is being developed in a promising area of Vilnius district, offering convenient access to Vilnius city centre and well-developed infrastructure for everyday living. Educational institutions, shopping centres and public transport stops are located nearby, while green spaces and bodies of water further enhance the residential environment.
The estimated total sales revenue of the project is 2 748 988 EUR.
Loan Information:
The loan will be repaid from property sales revenue, while interest payments to investors will be made from received advance payments or the company's operating income.
The maximum financing amount for the project is 2 100 000 EUR (969 400 EUR already raised). The project loan agreement is scheduled to end on 2028-01-06. Funds for the project may be raised in stages, with the current financing stage having a term of 5 months. Upon expiry of this stage, funds may be raised again to extend the financing. The project is financed based on the current valuation of the pledged property until the established maximum loan-to-value ratio (LTV) is reached. Once the maximum LTV is reached, subsequent LTV calculations will be based on construction progress certificates approved by an architect, together with updated external property valuations.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the target amount is not reached.
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.
