Today, a rental project - Modern Office at Ateities str. - was sold for EUR 130 000 (the asset was acquired for EUR 108 000). As a result, the investors earned EUR 15 400 (70% of the earned profit of EUR 22 000) as capital growth or a return of 14.26% in addition to the monthly rental interest of 6.06%.
The total return on investment (ROI) of the first fully completed rental project from InRento has reached 20.32%! Annualised ROI reached 21.5%.
Income from capital growth is what no other real estate investment platform has offered before InRento.
Last year, InRento funded 20 rental properties in Lithuania and Spain for a total of 2.5 million euros and the amount funded during the first two months of 2022 has already reached almost 1 million EUR. This is just the beginning as we plan to offer more different projects and enter a new market this year.