- A strong company group: The company is part of the UAB Trinapolis group, which has been operating for over 30 years and has developed a significant real estate portfolio (82,000 m²), ensuring long-term stability and reliability.
- Sales: To date, 6 preliminary purchase-sale agreements have been signed, and advance payments totaling EUR 327,650 have been received, indicating strong market interest and increasing the liquidity of the asset. The notarized agreements are planned to be signed in Q4 2025.
- Equity: The project owner intends to invest approximately EUR 9 million (about 36%) of the total investment.
- Liquidity: The mortgaged real estate is highly liquid, situated in a strategically convenient location in Vilnius.
Interest by investment amount:
– From 100 EUR to 299 EUR – 7.50%
– From 300 EUR to 749 EUR – 7.80%
– From 750 EUR to 2 999 EUR – 8.20%
– From 3 000 EUR to 9 999 EUR – 8.60%
– From 10 000 EUR – 9.00%
Important: investments made separately are not aggregated and cannot be pooled.
About the Project:
The project owner is developing an innovative housing project, "Youth House" which will be located in a strategically convenient area at J. Ralio St. 2, Vilnius, just a few minutes away from the popular shopping center "Ozas" and the "Vichy" water park. This is an attractive location for both short-term and long-term rentals, ensuring a high flow of potential tenants. The total building area will be 16,571.40 m², with 9,319.9 m² allocated for sale. The building will feature 382 dormitory units, 19 commercial spaces, and 130 underground parking spaces.
The project will be financed in stages to optimally manage financial flows and ensure the highest quality. A construction permit has been obtained, and construction work has begun. Upon completion, the developer plans to either sell or lease the project, maximizing market opportunities. The expected sales revenue is EUR 27,515,000 excluding VAT.
Loan Information:
This loan will be covered by refinancing a long-term loan with another credit institution. And interest payments to investors will be made from the project owner's operating income.
The maximum planned project financing amount is EUR 2,000,000 (EUR 1,000,000 already raised). The project is financed based on the current valuation of the mortgaged property until it reaches the specified maximum loan-to-value (LTV) ratio. Upon reaching the maximum LTV, a new property valuation will need to be performed, and further project financing stages will be announced and funds raised only if the specified maximum LTV is not exceeded.
We plan to raise the required amount within 7 days with the possibility of extending the period to 30 days if the funds are not raised.
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.
