A19, Vilnius II

Vilnius

Available for funding: €0

€67 800

105 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above. Annual fixed-return rate: 8.38% - 8.98%

This number indicates what part of the profit share you would earn when the property is sold for profit or fixed annual capital gains that would be paid when project is realised. More information can be found by scrolling below the project description. Capital Gains: 40% – 60% from profit

Shows amount you've entered for amount of your investment above. Minimum investment amount is EUR 500. Invest:: -

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above. Earn:: -

Total expected earnings: Total expected earnings:: -

Security indicates the measures that are being taken to secure your investment. Mortgage means the funds of investors are secured by mortgaging the asset in the name of investors. In case of project owner's default the mortgage of the asset would be used to recover principal investment of investors. Security:: 1st-rank Mortgage

Investment rating show the risk level assigned to the project. A = lowest risk, while D = highest risk. InRento risk scoring is based on factual data and its scoring model can be discovered transparently at the bottom of this page. Investment Rating:: B

Description
Project updates (1)

Reasons to invest in the project A19, Vilnius II:

Lofts in an attractive area – in the centre of Vilnius;

Fixed attractive annual rental yield (7% – 7.5%);

The fixed interest is indexed to inflation;

Variable capital gains;

An independent appraiser valued the premises at 422,100 EUR;

The project owner is an experienced real estate administrator.

InRento presents the second and the last stage of the buy-to-let project: A19, Vilnius II. The investment offer consists of administrative premises, which are currently being converted into studio apartments/lofts.

At the moment, a few premises successfully converted into studio apartments/lofts. The premises are located in the central part of the city, at Algirdo str. 19, Vilnius (in one of the most developing districts of Vilnius – Naujamiestis). It is worth mentioning that Vilnius City Municipality has completed renovating the entire Algirdo Street. Reconstruction works include the renovation of the carriageway, pedestrian sidewalks, surface sewage networks, and the construction of new cycle paths (investment amounts to more than EUR 3 million).

117.84 m² premises consist of seven cabinets, which are converted into seven studio lofts with separate kitchens and bathrooms. Additionally, to this area, common areas are added. Just like studios, common areas are also being refurbished.

The project owner will pay a fixed annual interest (as a return on rent) to investors. Annual interest rate: 7% – 7.5% depends on the amount invested (more information below). This project also has a variable capital gain potential. If the assets are sold at a higher price than they were acquired, the capital gain will be distributed proportionally between the investors, the project owner, and InRento (more information below).

The loan term is 29 months.

2023-03-14

We would like to inform you that InRento has transferred the investors the share of the profit of InRento, which is distributed on the sale of the Project Assets. Which for a number of investors has increased the amount that would be distributed in a case of profit payout. For a detailed explanation please read below.

Previously, the investor’s profit share was set based on the investment amount:

Invested up to EUR 5,000 – 40%;
Invested from EUR 5,000 EUR (inclusive) up to EUR 15,000 – 45%;
Invested from EUR 15,000 EUR (inclusive) up to EUR 30,000 – 50%;
Invested from EUR 30,000 EUR (inclusive) up to EUR 50,000 – 55%;
Invested from EUR 50,000 EUR (inclusive) – 60%.

After InRento has transferred its share of the profit, all investors’ share of the profit is equal to 60%. However, based on the amount invested, an accounting fee may be applied:

Invested up to EUR 5,000 – 0.33;
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – 0.25;
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – 0.16;
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – 0.08;
Invested from EUR 50,000 (inclusive) – 0 (investment terms have not changed).

In the case of this project, for a certain group of investors in case of profit payout, the net amount grows. Below you can find an example and comparison of how a payout of 100 EUR changes based on the previous and updated structure:

Previous structure:

Invested up to EUR 5,000 – payable profit 40 EUR = 40% * EUR 100;
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – payable profit 45 EUR = 45% * EUR 100;
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – payable profit 50 EUR = 50% * EUR 100;
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – payable profit 55 EUR = 55% * EUR 100;
Invested from EUR 50,000 (inclusive) payable profit 60 EUR = 60% * EUR 100 (investment terms have not changed).

From now:

Invested up to EUR 5,000 – payable profit 40.2 EUR = 60% * EUR 100 * (1-0.33). The amount grows.
Invested from EUR 5,000 (inclusive) up to EUR 15,000 – payable profit 45 EUR = 60% * EUR 100 * (1-0.25). The amount has not changed.
Invested from EUR 15,000 (inclusive) up to EUR 30,000 – payable profit 50.4 EUR = 60% * EUR 100 * (1-0.16). The amount grows.
Invested from EUR 30,000 (inclusive) up to EUR 50,000 – payable profit 55.2 EUR = 60% * EUR 100 * (1-0.08). The amount grows.
Invested from EUR 50,000 (inclusive) payable profit 60 EUR = 60% * EUR 100 * (1-0.00). Investment terms have not changed.

We are introducing this fee in order to optimize and standardize the methodology of internal accounting procedures and resources, due to the reason the payable amounts and percentages range between projects. This is an operationally intensive process. Additionally, for every payment InRento facilitates, it pays service fees to payment services providers, and in order to ensure cash flow positive operations, a decision was taken to introduce a percentage based tariff on profit rather than gross project profit.

We would like to clarify that investors’ interest from a share of the profit to be distributed on the sale of the assets will be paid out net, which means all applicable fees will be deducted before payment.

A19, Vilnius II

Reasons to invest in the project A19, Vilnius II:

Invest in A19, Vilnius II,Lithuania

Invest in A19, Vilnius II,
Lithuania