Back to Profitus offerings
CrowdSpace is not liable for the content presented in this offering. Check with the information on the official Profitus website and make informed decisions based on your own research.

We present a new financing project - "Zatorskio 26-2". The rasied funds will be used for the further development of the project on adjacent plots of land. The amount to be raised is EUR 120 000.

About the project:
In the "Zatorskio vilos" project, panel-modular houses are built, which the company manufactures itself in its own factory. Manufactured structures-assemblies are brought to the site and assembled. This type of construction is extremely fast, the house is built in 4 months from pouring the foundation to turning the key. This project consists of 6 A++ class semi-detached houses of the same architecture and layout. The apartments in semi-detached houses will be sold fully furnished, the sale price is set at EUR 200 000, the planned sales income of the entire project is EUR 2 400 000.

About the progress of the project:
Currently, 3 semi-dteached houses have already been built. The foundations of the fourth semi-detached house have also been poured. For the received funds, the owner of the project intends to finish the construction works of the semi-detached houses and start the production of structures and the construction of the house for another semi-detached house, where the foundations have been poured. Out of 12 apartments, 3 apartments have already been sold, and 2 more apartments have been reserved.

About the project owner:
One of the activities of the project owner is the production and installation of panel-modular houses and buildings. During the year, the owner of the project produces about 3 000 square meters of buildings for both individual and commercial customers. The owner of the project also has experience in developing real estate projects, has developed a block of 12 individual houses in Kaunas.

This is the second project funded by the project owner on the Profitus platform. The client repaid the first loan earlier than planned after successfully selling both apartments, which were pledged to secure investors' interests.

To secure the interests of investors, real estate is pledged with a primary mortgage: 
To ensure the interests of the investors, an apartment with an area of 110.54 square meters and parts of the plot of land 305/609 (0.0305 ha) belonging to it are pledged at V. Zatorskio str. 26-2, Kaunas. According to an independent real estate appraiser, the value of the property pledged to investors is EUR 183 000.

Interest by investment amount:
- From 100 EUR to 499 EUR – 8%
- From 500 EUR to 999 EUR – 8,5%
- From 1 000 EUR to 4 999 EUR – 9%
- From 5 000 EUR to 9 999 EUR – 9,5%
- From 10 000 EUR – 10%
Important: investments made separately are not aggregated.

We plan to collect the accumulated amount within 7 days with the possibility to extend it to 21 days without raising funds.

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
10.36%
Investors
33,404
Payment options
Direct debit, Bank transfer
Total funding volume
126,833,230 EUR
Average loan duration
N/A
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.

Profitus alternatives

crowdfunding report 2023
Get our latest European Crowdfunding Market Report 2023

Our brand new report gives insights into the state of the crowdfunding market in general and goes in-depth regarding funding volumes, backer and fundraiser profiles, regulatory implications, technical challenges and more. Grab your copy, it's FREE!