Reasons to invest in the project V22, Vilnius I:
Premises in an attractive area – part of Vilnius city;
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);
Fixed interest linked (indexed) to inflation;
The loan-to-value (LTV) ratio for this stage is 57%. The maximum LTV for the whole project is 70%;
An independent appraiser valued the premises at 264,000 EUR.
InRento team presents a new buy-to-let project – V22, Vilnius I. The investment offer consists of premises in the perspective part of Vilnius city, address: Vytenio g. 22.
The object includes two premises with areas of 111.04 m² and 113.20 m² on the third and fourth floors, which will be divided into individual property units oriented towards short-term rentals.
The project is in the fast-developing area of the capital – Naujamiestis. A large-scale loft project has been developed on the project's site, and the construction of a nearby technology campus – Cyber City, is underway. Across the street is the Uptown Park business centre – a home to technology companies.
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.