4SL, Vilnius
InRento is introducing a new buy to let investment opportunity located in Vilnius, the capital of Lithuania. The investment opportunity consists of four studio type lofts located: at Pramonės str. 141, Vilnius (referred to as 4SL, Vilnius).
This project is unique in that the owner will pay a fixed 7.3% annual interest (as a rental return). The project generates 550 EUR per month for investors, which is distributed proportionally according to the amount invested. Not all lofts are fully equipped at this time but will be decorated as shown in the pictures.
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 4SL, Vilnius:
- Fixed attractive annual rental yield (+ 7.3%);
- Fixed annual return on capital gains (+ 2.5%);
- Modern and cozy premises;
- The premises were renovated in 2020;
- Independent valuer valued the premises at € 129,200;
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Tenant:
Legal entity whose field of activity is the administration of the lease of premises. Investors are allocated a rental income of EUR 550 per month in proportion to the amount invested, which ensures a fixed annual interest rate return of 7.3%.
Rental income (interest) for the current period is indexed using the average annual consumer price index (CPI) calculated by Statistics Lithuania.
Financial terms of the investment:
- Maximum term: 24 months (2 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 the 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 you press invest.
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%.
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.
2023-11-06
Dear Investor,
We are pleased to announce that the project 4SL, Vilnius has been fully realised.
The project consisted of four fully furnished studio lofts located at Pramonės str. 141, Vilnius. The total average annual return for investors in this project was 11.39%.
The fund distribution is being made today and will be credited to your accounts within 1 business day.
2021-11-05
We would like to inform you, that the mortgage on the 4SL, 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
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
| Payment date | Type | Payment status | Paid |
|---|---|---|---|
| 06 November 2023 | Full principal repayment | Paid on time Payment was received by the due date with no delay | € 90 440 |
| 06 November 2023 | Capital gains payment | Paid on time Payment was received by the due date with no delay | € 4 522 |
| 06 November 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 119.6 |
| 06 November 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 25 October 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 25 September 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 24 August 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 25 July 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 26 June 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 25 May 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 25 April 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 728.24 |
| 27 March 2023 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 728.24 |
| 27 February 2023 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 728.24 |
| 25 January 2023 | Interest payment | Paid on time Payment was received by the due date with no delay | € 608.18 |
| 27 December 2022 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 608.18 |
| 25 November 2022 | Interest payment | Paid on time Payment was received by the due date with no delay | € 608.18 |
| 25 October 2022 | Interest payment | Paid on time Payment was received by the due date with no delay | € 608.18 |
| 26 September 2022 | Interest payment | Paid on time Payment was received by the due date with no delay | € 608.18 |
| 17 April 2026 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 608.18 |
| 17 April 2026 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 608.18 |
| 17 April 2026 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 608.18 |
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Vilnius Lithuania