Available for funding: €0
Annual return rate:
Earn:–per year *
InRento team presents a new rental property – Vievis Hotel I. The investment offer consists of a hotel, apartments, restaurant, a shop and commercial premises in the industrial city of Vievis, at 4A, Bažnyčios st.
The hotel has an area of 806.75 m², comprising 16 hotel rooms, 2 apartments, 2 commercial premises, a restaurant and a shop. In the enclosed courtyard area there is a place for unloading goods. The hotel is located in the centre of Vievis and is 300 meters from lake Vievis.
The building is currently rented out for a "KOOPS" shop and a restaurant, generating a monthly rent of EUR 1,255. The hotel will soon be rented out as apartments and rooms oriented to the demand for affordable housing in Vievis and Vilnius’ municipal district. An example of interior refurbishment is shown in the visualizations.
The owner of this project, Justas Kaveckas, has already successfully completed two projects (Modern office Ateities str, Vilnius and S11-A, Vilnius) with an average annual return to investors of 19.49%. This project, as well as the last two sold projects, has unlimited capital gains. See below for more information on the allocation of capital gains.
Investors will be paid a fixed annual interest of 9.03% – 9.53% (as a rental return) depending on the amount invested.
Vievis is a town strategically located on the highway connecting Vilnius and Kaunas. There are a lot of large logistic centers, factories and other industrial companies. Vievis has also been selected as one of Lithuania's 2022 Small Capitals of Culture. Currently, there are only 2 apartments available for rent in Vievis and the rental price could be comparable to Vilnius or Kaunas.
Reasons to invest in the project Vievis Hotel I:
Financial terms of the investment:
“InRento“ investors are granting a loan to the borrower. 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.
This project will be financed in two phases:
The first phase (Vievis Hotel I) will be financed with an amount of EUR 295,000;
The second phase (Vievis Hotel II) will be financed with an amount of EUR 100,000;
Up to 4999 € - annual interest rate: 9.03%
5,000 € - 14,999 € - annual interest rate: 9.13%
15,000 € - 29,999 € - annual interest rate: 9.23%
30,000 € - 49,999 € - annual interest rate: 9.38%
50,000 € and more - annual interest rate: 9.53%
The capital growth distribution:
Up to 4999 € - the capital growth will be distributed in the following structure:
30% Investor / 50% Project owner / 20% InRento
5000 € – 14999 € - the capital growth will be distributed in the following structure:
35% Investor / 50% Project owner / 15% InRento
15000 € – 29999 € - the capital growth will be distributed in the following structure:
40% Investor / 50% Project owner / 10% InRento
30000 € – 49999 € - the capital growth will be distributed in the following structure:
45% Investor / 50% Project owner / 5% InRento
50000 € and more - the capital growth will be distributed in the following structure:
50% Investor / 50% Project owner
Rental income (interest):
Rental income (interest) is paid to investors on a monthly basis (on the 15th day of the month). If the 15th day is a non-working day, then the next working day.The interest will be paid out the next month on the 15th after the mortgage is placed. The interest is calculated after the mortgage is being placed.
Capital growth calculator
Your net earnings from capital growth:
The project owner (borrower)
The borrower – UAB „Vievis hotel“ is an established legal entity to serve as a special purpose vehicle for a purpose of increased security for the investments on InRento. The manager of this company – Justas Kaveckas has been working in the Real Estate industry for more than 15 years. He has successfully commercialized residential, commercial, and hospitality projects internationally and counts numerous successful sales of companies operating in the real estate industry.
Justas Kaveckas is also the executive director and one of the founders of „Foros“, the forest management and investment platform.
Frequently asked questions
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.
Yes! No matter what is the situation with the tenancy, the project owner is obliged to distribute fixed-interest to the investors.
When the property is sold at a higher price than it was acquired, the capital growth will be distributed among investors, project owner and InRento. The project owner assumes potential loss if the property is sold at a lower price. You can find more details by scrolling up this page.
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.
Tenant risk: There is a risk that the asset can lose a tenant and it can take time to find replacements, which can have impact on the property's cash-flow.
|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||1 / B|
|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||0 / A|
|Years since last renovation of the premises||0 / A|
|Does the property have dedicated parking slot near premises? (long-term rent)||0 / A|
|Does the property have security? (for commercial)||0 / A|
|Borrower's Debt / Equity ratio||0 / A|
|Total:||6 / 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.
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.