P141, Vilnius

Available for funding:  €0
€160 150
€160 150 goal
165 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above.

Annual return rate::
8.074% + 2.5%

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InRento is introducing a new buy to let investment opportunity located in Vilnius, the capital of Lithuania. The investment opportunity consists of seven studio-type lofts located: at Pramonės str. 141, Vilnius (referred to as P141, Vilnius).

This project is unique in that the owner will pay a fixed 7.3% annual interest (as a rental return). The project distributes 974 EUR per month for investors, which is distributed proportionally according to the amount invested. One of the seven lofts is currently fully equipped. The installation of the last six lofts will be similar to the existing one.

This project has a fixed percentage of capital gains. Investors earn fixed a 2.5% return on capital gains per year, which raises the overall return on the project.

Reasons to invest in P141, Vilnius - 

  • Fixed attractive annual rental yield: (7.3%);
  • Fixed annual return on capital gains: (2.5%) (paid at the end of project);
  • Modern and cozy premises; 
  • The premises were renovated in 2021;
  • Independent valuer valued the premises at € 228,800;

Tenant:

All seven lofts are rented out. The tenant - a legal entity whose field of activity is the administration and subrenting of the lease of premises.

The rental contract is valid until 2026-10-07. Rental income (interest) for the current period is indexed every January 15th, using the average annual consumer price index (CPI) calculated by Statistics Lithuania.

Financial terms of the investment:

  • Maximum term: 60 months (5 years)
  • Fixed annual rental income (interest rate): 7.3%
  • Fixed annual capital gain: 2.5%
  • Security: 1st charge Mortgage

InRento investors are granting a loan to the borrower for the acquisition of the rental property. The loan is secured with a first-charge mortgage, which in case of the borrower’s inability to fulfil financial obligations would be used to repossess the asset. 

Rental income (interest):  

The interest is calculated from the moment investment funds are received.

The project owner (borrower):

The borrower - MB „P141 loftai“, is an established legal entity that serves as a special purpose vehicle (SPV) to increase investment security for loans from InRento. The head of this company is Linas Ginaitis, who specializes in the sale of residential housing, lofts and land plots. L.Ginaitis also has experience in developing massive residential plots and Microloft projects.

When is it possible to "exit the project"?

When the project is fully funded you will be able to sell your investment on the secondary market. The fee for the secondary market transactions is 2% of the principal value, which is charged to the seller.

What happens if the tenants leave the property?

This project has a fixed percentage of capital gains. Investors are guaranteed a return on capital gains of 2.5% per annum. This means that regardless of whether the assets are sold or refinanced, investors will be paid a fixed percentage of capital gains.

If the project lasts for one year, the interest of investors from the capital gain will be: 2.5%, two years: 5%, three: 7.5%, four: 10%, five: 12.5%.

Key investment risks:

Risk of falling prices: The price of the property might fall due to the increase in supply or decrease in demand in the area or other economic factors.

Liquidity risk: The borrower might be unable to find a buyer in order to sell the property.

Investing with InRento, is similar to owning a rental property, however with us you don't have to worry about day-to-day property management and in the periods of vacancies, the borrower is required to distribute fixed-interest payments, which protects your bottom line.

The capital gains distribution:

40% - 60%
Investors
40%
Project owner
Up to 20%
InRento

If the Loan is repaid after one year, a fixed return of 1.75% is applied.
If the Loan is repaid after 24 months, a fixed return of 3.5% is applied.
The profit margin is payable whether or not the Loan is repaid from the sale of the property.

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

60 months
maximum loan term

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

1st charge
Mortgage
Security

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

8.074 %
+ 2.5 %
annual return
Investment bonus:
Financial terms of the investment

InRento Risk Scoring

CriterionScore
Borrower's equity exceeds the amount of financing needed
1 / B
Borrower's last year's net profit is sufficient to cover the fixed-interest
1 / B
Borrower's ability to repay liabilities in the past
-1 / A+
Property price comparison to a 3rd party valuation
0 / A
Property type
0 / A
Is there a tenant already
0 / A
Borrower's experience with rental properties
0 / A
Property occupany over the last 2 years (if it was rented)
2 / C
Will the property require renovation
2 / C
Micro-location
1 / B
Does the property have elevator if it's not ground floor?
1 / B
Does the property have dedicated parking slot near premises? (long-term rent)
0 / A
Property has been for sale for less than 1 year?
0 / A
Borrower's Debt / Equity ratio
0 / A
Years since last renovation of the premises
-1 / A+
Total:
6 / B
Investment rating
A – Lowest risk
D – Higest risk
B

InRento Risk rating is of an informative nature only and can not be considered investment advice.

InRento is licenced and regulated by the Bank of Lithuania.

Property in the map

The project owner (borrower) Project owner

P141 loftai, MB

The borrower - MB „P141 loftai“, is an established legal entity that serves as a special purpose vehicle (SPV) to increase investment security for loans from InRento. The head of this company is Linas Ginaitis, who specializes in the sale of residential housing, lofts and land plots. L.Ginaitis also has experience in developing massive residential plots and Microloft projects.

2021-10-07

We would like to inform you, that the mortgage on the P141, Vilnius assets has been successfully placed (document is attached in the documents section). 

If you have any questions, do not hesitate to contact us at info@inrento.com or call us at +37069347427

InRento team