Reasons to invest in the project L4, Vilnius:
Modern and premium apartments in a great location - Old Town of Vilnius;
Fixed interest rate is indexed to inflation;
Fixed annual return on capital gains (+ 1.5%);
The building was renovated in 2017;
The premises were valued by an independent valuer at EUR 255,000;
The project owner is a highly experienced short-term rental administrator;
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.