V23, Birštonas I

Birštonas
Available for funding:  €0
€250 000
€250 000 goal
343 investors

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Annual fixed-return rate
7% - 7.5%

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Capital Gains
Fixed 1.5 % annualy

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Reasons to invest in the project V23, Birštonas I:

Buy-to-let project at Lithuanian resort town Birštonas;

Rented building, generating rental income higher than the project owner's interest payment amount to investors

Interest is paid monthly with an attractive annual return of 7% – 7.5%;

Fixed annual return on capital gains: 1.5% (paid at the end of the project);

The loan-to-value (LTV) ratio for this stage is 62%. The maximum LTV for the whole project is 80%;

Fixed interest linked (indexed) to inflation;

An independent appraiser valued the premises at 404,000 EUR.

InRento team presents a new buy-to-let project – V23, Birštonas I. The investment offer consists of the guest house in the Lithuanian resort town of Birštonas, located at Vytauto g. 23.

The area of 431.45 m² includes eight individual apartments – one two-room apartment, one three-room apartment with a terrace, and an apartment with a pool and sauna. To increase rental income and area – apartments are planned to be renovated, including interior and exterior works. 

The property is currently rented out to residents working in Birštonas. The apartments generate a monthly rental income of EUR 1,550 which is higher than the project owner's monthly interest payment amount to investors. 

Investors will be paid a fixed annual interest of 7% – 7.5% 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 8.5% to 9% of the annual return.

We kindly invite you to discover more about the city of Birštonas.

2023-01-11

We would like to inform you that the mortgage on the project – V23, Birštonas I asset, has been successfully placed (the document is attached in the documents section). 

The interest for the project will be distributed next month.