We present a new project for investment "Tolimosios Sodu 4-toji", the funds of which will be allocated to the completion of repair works. The amount to be raised is EUR 70 000.
About the project owner:
The owner of the project has 20 years of experience in the field of real estate. Implemented different real estate development projects with a total area of 8 000 square meters.
The aim of the project:
The owner of the project will allocate the raised amount for the completion and installation of 10 apartments with a total area of 393 square meters. The apartments will be fully equipped with all household appliances and furniture. After the completion of all the works, the apartments will be rented out, the expected income per month is about EUR 7 000. This loan will be repay from the rental income of this and other projects located in Kedainai and Vilnius.
To secure the interests of investors, real estate is pledged with a primary mortgage:
To ensure the interests of investors, a newly equipped loft with an area of 31.27 square meters is pledged at Kauno st. 30A-460A, Vilnius. According to an independent real estate appraisal, the value of real estate pledged to investors is EUR 107 000.
Interest by investment amount:
- From 100 EUR to 499 EUR – 9%
- From 500 EUR to 2 499 EUR – 9.5%
- From 2 500 EUR to 4 999 EUR – 10%
- From 5 000 EUR – 10.5%
Important: investments made separately are not aggregated.
About the Profitus
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. Monetary operations on the platform are carried out in cooperation with Paysera and Trustly. The risk relating to the project and project owner are assessed on the basis of information provided by Creditinfo.