- Experience with PROFITUS: The project owner has already successfully completed 2 out of 3 semi-detached residential projects financed through the PROFITUS platform, fulfilling all obligations on time.
- Significant Equity Contribution: The project owner is allocating 180 000 EUR of own funds to construction, representing approximately 39 % of the total project budget. Construction has already commenced, and the building's structural shell has been completed.
- Additional Security: The company's shareholder provides a personal guarantee for the entire loan amount.
Interest Rates by Investment Amount:
– From 100 EUR to 299 EUR – 9.00%
– From 300 EUR to 699 EUR – 9.20%
– From 700 EUR to 2 499 EUR – 9.40%
– From 2 500 EUR to 6 999 EUR – 9.60%
– From 7 000 EUR – 9.80%
Important: Separate investments are not aggregated and cannot be combined.
About the Project:
The project owner is developing a residential real estate project located at Vingio St. 2, Gilužiai village, Vilnius District. A semi-detached residential building with a total area of 227 m² is being constructed on a 12-are land plot. The building is planned to be completed to 100 % completion, including full interior finishing. The project owner has already acquired the land plot, obtained the building permit, and paid the infrastructure development fee. Construction began on August 17, 2026, and the building's structural shell has already been completed.
The total planned project budget amounts to approximately 461 000 EUR excluding VAT, of which 180 000 EUR is expected to be financed from the project owner's own funds. Additional financing is planned to complete the remaining construction and finishing works. Upon completion, the projected property sales revenue is approximately 826 446 EUR excluding VAT. During the first financing stage, the loan is secured by two additional apartments located in Vilnius, together with a personal guarantee.
The land plot and the semi-detached residential building under construction are also pledged as collateral; however, their value is not included in the financing base at this stage. Once construction reaches a higher level of completion, a new valuation of the property under development is planned, allowing additional financing to be raised to complete the remaining works.
Loan Information:
The loan will be repaid from the proceeds of the sale of the developed property, while interest payments to investors will be made from the company's working capital.
The maximum planned project financing is 350 000 EUR. The project loan agreement term is planned to be 24 months. Funds for the project may be raised in stages, and during the current financing stage, funds are being raised for a period of 12 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 is reached, a new property valuation must be carried out, and subsequent project financing stages will only be launched and funded if the established maximum LTV is not exceeded.
We plan to raise the target amount within 7 days, with the possibility of extending the fundraising period to 30 days if the funds are not fully 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.
