R3, Vilnius
Reasons to invest in the project R3, Vilnius:
- Modern and super cozy apartments which in the central part of the capital Vilnius;
- A long-term lease agreement is concluded with the tenant;
- Fixed attractive annual rental yield: (6.75% – 7.25%);
- Fixed annual return on capital gains: (+1.5%) (paid at the end of the project);
- Fixed interest is indexed to inflation every year;
- The independent valuer appraised the premises at EUR 265,000;
InRento team presents a new buy-to-let project – R3, Vilnius. The offer consists of modern and high-quality furnished apartments located in the central part of Vilnius, with the address: Rinktinės st. 3A.
This fully furnished and already rented apartment is just a 10-minute walk from Vilnius Cathedral square. The apartment area is 54.92 m², with two rooms and a balcony overlooking the inner courtyard. Additionally, two underground parking spots belong to the apartment, increasing the property's overall attractiveness.
A long-term rental agreement is signed with a tenant. The apartment and two parking spaces are generating an income of EUR 1,535 per month.
Investors will be paid a fixed annual interest of 6.75% – 7.25% (as a rental return) depending on the amount invested. The project also has a fixed percentage of capital gains. Investors earn a fixed 1.5% return on capital gains per year, which raises the overall annual return on the project to 8.25% – 8.75%.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("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 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% applies. If the Loan is repaid after 48 months, a fixed return of 6% applies. If the Loan is repaid after 60 months, a fixed return of 7.5% applies.The profit margin is payable whether or not the Loan is repaid on sale of the property.
2023-09-25
Dear Investor,
We are pleased to announce that the R3, Vilnius project has been fully realised.
The project consisted of a fully furnished apartment located just 10 minutes walking distance from Vilnius Cathedral. The area of the completed apartment is 54.92 m², consisting of two rooms and a balcony overlooking the inner courtyard. This apartment was financed together with its two underground parking spaces.
Following the successful sale of the apartment, the total average annual return to investors in this project was 8.4%.
Disbursement of funds is currently underway and will be distributed within 1 working day.
2022-09-16
We would like to inform you that the monthly interest from project owner was received on time. However, due to issues we are facing on the payment processor’s side we can not process the payments correctly. Interest payment for this project is received and the funds are secured in escrow account. We are aiming to distribute these payments as soon as possible on the upcoming business days.
2022-08-11
We would like to inform you that the mortgage on the project – R3, Vilnius asset has been successfully placed (the document is attached in the documents section). The interest for the project will be distributed next month.
If you have any questions, do not hesitate to contact us at info@inrento.com or call us at +37069347427.
InRento team
Enabled Projects
Vilnius Lithuania