Kintai 13, Vilnius I

InRento team presents a new buy-to-let project – Kintai 13, Vilnius I. The investment offer consists of a modern and well-equipped apartment in the city of Vilnius, address: Kintų str. 13. In this building, last week an apartment in this building was funded in just a few hours on InRento. 

The area of the apartment is 36.49 m², which will be rented out for long-term rent. This apartment is financed together with a private underground parking space, which raises the overall attractiveness of the property.

Investors will be paid a fixed annual interest of 6.75% – 7.25% depending on the amount invested. This project has a fixed 1.5% annual capital gains, which are paid at the end of the project. This raises the overall yield of the project from 8.25% to 8.75% 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 sale of the property.

This project will be financed in two phases: 

The first phase (Kintai 13, Vilnius I) will be financed with an amount of EUR 117,600; 

The second phase (Kintai 13, Vilnius II) will be financed with an amount of EUR 8,400 when property will be rented out for at least EUR 850 per month.