Reasons to invest in the project V9, Biržai:
Fixed monthly interest will be paid with an attractive annual return of 8% – 8.5%;
Fixed annual capital gains return: +2% (paid at the end of the project);
The project owner is an experienced real estate administrator with other projects in this city;
The premises are valued by an independent appraiser at EUR 260,000.
InRento team presents a new buy-to-let investment in a popular tourist destination in the northern part of Lithuania located at: Vytauto str. 9, Biržai.
The investment offer consists of a single 703.4 m² building which will be divided into separate commercial and housing units. Once these works will be completed and the value of the property will be increased, the area that will be used for buy-to-let business: commercial and housing units, will be refinanced with a new loan. To further secure this loan, other buildings on this land are being mortgaged in the name of investors. Such a structure is used to increase the security and return on investment for the investors.
Project owner – Justas Kaveckas, is originally from Biržai and already manages the Avanti Hotel project in this city. Seeing the demand for housing and commercial space for rent in this city, he decided to expand the number of projects. Once the property is completely furnished and rented out, the project owner expects to generate EUR 6,560 monthly rent.
Investors will be paid a fixed monthly interest of 8% – 8.5% annual return, depending on the amount invested. This project has a fixed 2% annual capital gains return, which is paid at the end of the project. In total, investors can earn from 10% to 10.5% annual returns when investing in this project.
We invite you to learn more about the city of Biržai.