Reasons to invest in the project Vievis Hotel I:
Fixed, very attractive annual rental yield (9.03-9.53%);
Unlimited capital gains;
Project owner is an experienced project owner;
Fixed interest rates linked (indexed) to inflation;
The hotel is valued by an independent appraiser at EUR 461,000;
Part of the premises are rented out for a restaurant and a “KOOPS” shop;
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.