InRento team presents a new buy-to-let project – V19, Vilnius. The investment offer consists of a modern and high-quality furnished apartment in Vilnius Old Town, located at Vingrių str. 19A.
The area of the property is 59.66 m² and consists of three rooms and a terrace. This fully furnished apartment is oriented towards short-term rentals through the Airbnb platform, and is located in a prime location in the city, just a 7 minutes walk from Vilnius Town Hall.
The owner of this project has 816 ratings on the Airbnb platform, and this apartment has a particularly high rating of 4.58/5 from the users of the platform. The average nightly price is EUR 99 – EUR 129.
Investors will be paid a fixed annual interest of 6.35% – 6.85% (as monthly interest payment from rent), depending on the amount invested. This project has fixed 1.5% annual capital gains, which are payable at the end of the project. This raises the overall yield of the project from 7.85% to 8.25% of the annual return.
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 the sale of the property.
We would like to inform you that the mortgage on the project – V19, Vilnius asset, has been successfully placed (the document is attached in the documents section).
The interest for the project will be distributed next month.