L4, Vilnius

The “InRento“ team is introducing a new buy to let investment opportunity: L4, Vilnius. The investment offer consists of apartments located in the heart of Vilnius Old Town, address: Liejyklos str. 4, Vilnius. These modern 69.49 m² apartments are located just 500 meters from Vilnius Cathedral, 300 meters from the main night-life street and 750 meters from the Vilnius Town Hall.

UAB “Ryto Projektas“ - the manager of the company, Daumantas Mikučionis, manages and administrates tens of apartments in the Vilnius old town under his brand name Domillion. You can find thousands of reviews on him via Airbnb. 

The project owner will pay a fixed annual interest (as a rental return) to investors. The annual interest rate: 6.25% - 6.75% depends on the amount invested (more information below). This project also has a fixed percentage of capital gains. Investors earn fixed a 1.5% return on capital gains per year, which raises the overall return on the project to at least 7.75% per annum.

The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalments ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.

Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after two years, a fixed return of 3.0% applies. If the Loan is repaid after three years, a fixed return of 4.5%. The profit margin is payable whether or not the Loan is repaid on sale of the property.