• Strong interest: 8 preliminary purchase agreements have already been signed out of 19 apartments, accounting for 42% of the units for sale. This indicates significant buyer interest in the project.
• Owner investment: The project owner has invested approximately 16% of their own funds in the project development (around EUR 683,000), clearly demonstrating their strong commitment and confidence in the project's success. 
• Extensive experience: The developer has experience in renovating and developing projects. In total, they have developed 4,100 m² of residential real estate projects.
• Reliability: The project owner has financed 3 projects on the PROFITUS platform, with funds fully returned to investors.

Interest by investment amount:
– From 100 EUR to 249 EUR – 8.60%
– From 250 EUR to 699 EUR – 9.10%
– From 700 EUR to 1 999 EUR – 9.60%
– From 2 000 EUR to  6 999 EUR – 10.10%
– From 7 000 EUR – 10.60%
Important: investments made separately are not aggregated and cannot be pooled.

Project Goal: 
The project owner will allocate the collected funds to the development of two multi-family residential buildings. Seven-story A++ energy class apartment buildings with above-ground parking spaces and bicycle storage are being built. The total area of each building will be 1,186 m². Each building will have 19 apartments (including 8 two-room, 5 three-room, and 6 four-room apartments), with apartment sizes ranging from 37 to 74 m². On the second and fifth floors, it is planned to arrange 4 apartments with balconies, on the 6th floor 2 apartments with terraces, with an area of one apartment reaching 70 - 85 m². On the top, 7th floor - an apartment of 110 m² in area, also with a terrace. In total, the project includes 38 apartments and 41 parking spaces. Apartments are planned to be sold with partial finishing.

Project Progress:
Work is progressing rapidly: windows and doors have already been installed, electrical and plumbing systems have been laid, underfloor heating is being installed (except on the sixth and seventh floors), concrete floor slabs are being poured, and gypsum partition walls and structural plaster are being applied in the apartments. The facade finishing has been fully completed, tile laying in the stairwells has begun, and wall finishing is underway. The funds raised in this phase will be used to pay off the investors in Phase IX.

Loan Information:
The sale of all apartments, parking spaces, and bicycle storage will generate revenue of 7,000,000 EUR. This loan will be covered by the proceeds from the sale of the mortgaged property, and interest to investors will be paid from the project owner's operating income.

The maximum planned project financing amount is 3,300,000 EUR (1,191,840 EUR existing active portfolio). The project is financed based on the current valuation of the mortgaged property until it reaches the specified maximum loan-to-value ratio (LTV). Upon reaching the maximum LTV, a new property valuation will have to be carried out, and further project financing stages will be announced and collected only if the specified maximum LTV is not exceeded.

We plan to raise the amount within 7 days, with the option of extending it to 30 days if we do not raise funds.