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Real Estate Development Loan - Urbo houses Phase II. The company plans to develop a holiday apartment (41 apartments). The company will use the funds borrowed during this funding phase for the construction of the project. At the moment the works are under way, the building permit has been obtained and the previous object has been demolished. Foundation completion is expected in 2020 April. The construction of recreational plots will also be pledged to investors. Urbo Homes is a new construction project, energy-efficient Class A utility housing, designed with the climate and building users in the area in mind, which results in extremely low energy consumption. Three shells, forty-one, 44-138 sqft. m. size apartment with attic or fireplace option. The project will be implemented with partial finishing. The dwelling infrastructure is developed in response to the needs of the residents: a closed courtyard, spacious parking (21 above ground and 14 underground parking spaces), surrounded by pine forests with bicycle and walking paths. Near UNESCO World Heritage Sites. The resort constantly strives for harmony between nature and man, creating an environmentally friendly environment. Maximum planned amount of funding for the project: EUR 2,250,000. The project is funded based on the current mortgage valuation until it reaches the maximum LTV set. When maximum LTV is reached, a new valuation of the property will be required and further project funding stages will be announced and collected only if the maximum LTV set is not exceeded. We plan to raise the amount within 7 days, with the option of extending it to 21 days if we do not raise funds. Project visualizations are provided. More about this project:

About the Profitus

ECSP license
Profitus Verified platform

Profitus is a crowdfunding and investment platform with a minimum investment of 100 euros, secured by real estate or warranty. It operates 24/7 and collaborates with Paysera, Trustly, and Creditinfo.

Minimum investment
100 EUR
Advertised return
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
What does Profitus offer?

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.

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