- Experienced Real Estate Developer: The company has extensive experience in executing large-scale projects, including commercial properties with a total area of approximately 40,000 m². This demonstrates the ability to manage complex projects and ensure business growth.
- Basis for property value growth: The project is rapidly developing, and the ongoing works, such as partial finishing and landscaping, ensure the property's attractiveness and value increase. This promotes the timely sale of the property and ensures its market appeal.
- Liquid Collateral: The pledged duplex house is being developed in a rapidly growing area of Vilnius and is already registered at 85% completion, ensuring faster and smoother project implementation.
Interest by investment amount:
– From 100 EUR to 299 EUR – 8.60%
– From 300 EUR to 749 EUR – 8.90%
– From 750 EUR to 3 499 EUR – 9.20%
– From 3 500 EUR – 9.60%
Important: investments made separately are not aggregated and cannot be pooled.
About the project:
The project owner is developing a residential housing project in Lindiniškės village, Vilnius district, consisting of four duplex residential houses. Each house has two separate apartments, totaling eight apartments. The project is being developed on a 0.497-hectare plot, which is divided into four separate plots. The developer has pledged one duplex house, with one apartment at 78% completion and the other at 85%. Both apartments are registered in the Real Estate Register at 85% completion. The financed amount will be used to complete the pledged house up to partial finishing and for working capital to invest in the completion of other duplex houses in the project. Active property sales for the project have already started, as the project owner is interested in successfully realizing this phase and continuing further project development.
Loan Information:
This loan will be repaid from sales revenue, estimated at 379,884 EUR excluding VAT. Interest will be paid from future advance payments.
The target amount is planned to be raised within 7 days, with an option to extend up to 30 days if funds are not collected.
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.
