- Experienced team: The company's CEO has developed approximately 20,000 m² of real estate and has experience in residential, commercial, and conversion projects. Completed developments include Gėlos Slėnis, Genių St. 13A, Žirmūnų St. 68, Hetitų Kvartalas, and other projects.
- Strong market demand: Approximately 67% of preliminary purchase agreements for the future premises have already been signed, meaning that a significant share of the units already has committed buyers.
- Location potential: The project is being developed in Vilkpėdė, near Savanorių Avenue, one of Vilnius’ most active business districts. The convenient location and excellent accessibility contribute to the project's attractiveness, which is confirmed by the high level of pre-sales.
Interest rates by investment amount:
– From 100 EUR to 499 EUR – 9.00%
– From 500 EUR to 2 499 EUR – 9.25%
– From 2 500 EUR to 7 499 EUR – 9.50%
– From 7 500 EUR to 14 999 EUR – 9.75%
– From 15 000 EUR – 10.00%
Important: Individual investments are not aggregated and cannot be combined.
About the Project:
The project owner intends to acquire a complex of six buildings located at 3 Zietelos Street, Vilnius, consisting of two production facilities, a warehouse, an oil storage facility, a checkpoint building, and an oil pumping station. The total area of the property is 5,362.72 m².
The acquisition value is EUR 4,750,000 (excluding VAT), of which EUR 3,325,000 will be financed through the PROFITUS platform. The developer's own contribution to the acquisition and development is EUR 0. The acquisition is financed using customer advances, while the redevelopment will also be funded through advance payments. The developer's risk exposure is based on future revenues rather than equity capital.
Following acquisition, the buildings will be reconstructed and converted into approximately 184 loft-style units featuring high ceilings, mezzanines, rooftop terraces, and private courtyards. Construction is scheduled to begin in July 2026, with project completion expected within approximately 14 months. About 67% of preliminary sales agreements have already been signed.
The project is located in Vilkpėdė Eldership near Savanorių Avenue. The site is fenced, offers convenient access, and includes a spacious asphalt-paved parking area. The surrounding area consists primarily of administrative, warehouse, and industrial properties while maintaining excellent connections to the city center and major transport routes.
Projected total sales revenue amounts to EUR 9,780,875.
Loan Information:
The loan is expected to be repaid from advance payments and/or final sales proceeds from the completed premises. Interest payments will be covered from advance payments or the company's working capital.
Maximum planned financing amount: EUR 3,325,000. The funding may be raised in stages. Financing is provided based on the current collateral valuation until the maximum loan-to-value (LTV) ratio is reached. Upon reaching the maximum LTV, a new property valuation will be required before further financing stages can proceed.
Please note that interest for investors will start accruing only once the full amount required for the acquisition has been raised, i.e. EUR 3,325,000.
The fundraising period is planned for 7 days, with the possibility of extension up to 30 days if the target amount is not reached.
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.
