TIMESHARE

Žemaitijos 1, Vilnius I

Vilnius

Available for funding: €0

€220 000

305 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above. Annual fixed-return rate: 6.1% - 6.6%

This number indicates what part of the profit share you would earn when the property is sold for profit or fixed annual capital gains that would be paid when project is realised. More information can be found by scrolling below the project description. Capital Gains: Fixed 1.5 % annualy

Shows amount you've entered for amount of your investment above. Minimum investment amount is EUR 500. Invest:: -

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above. Earn:: -

Total expected earnings: Total expected earnings:: -

Security indicates the measures that are being taken to secure your investment. Mortgage means the funds of investors are secured by mortgaging the asset in the name of investors. In case of project owner's default the mortgage of the asset would be used to recover principal investment of investors. Security:: 1st-rank Mortgage

Investment rating show the risk level assigned to the project. A = lowest risk, while D = highest risk. InRento risk scoring is based on factual data and its scoring model can be discovered transparently at the bottom of this page. Investment Rating:: B

Description
Project updates (3)

Reasons to invest in the project Žemaitijos 1, Vilnius I:

Short-term rent apartments in the Old Town of Vilnius;

Interest is paid monthly with an attractive annual return of 6.1% – 6.6%;

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 30.5%. The maximum LTV for the whole project is 75%;

An independent appraiser valued the premises at EUR 719,000.

InRento team presents a new buy-to-let project – Žemaitijos 1, Vilnius I. The investment offer consists of premises in the prime street of Vilnius' Old Town with address: Žemaitijos g. 1B.

Investment offering includes two apartments and three studios with a total area of 186.10 m². These fully furnished and well-equipped apartments are orientated towards short-term rent and are located in the Old Town of Capital Vilnius. The object is financed together with the land plot.

This project has a timeshare, whereby investors can stay in these premises for free if they invest more than EUR 5,000 (more information at the bottom of the project description).

The project owner – UAB “Ryto Projektas“. The manager of the company Daumantas Mikučionis manages and administrates tens of apartments in Vilnius old town under his brand name Domillion, you can find thousands of reviews on him via Airbnb.

Investors will be paid a fixed annual interest of 6.1% – 6.6% 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 between 7.6% and 8.1% annual return.

2023-03-24

We would like to inform you that yesterday clients who invested in the Žemaitijos 1, Vilnius project were paid a cashback of 0.35% of the invested amount.

We have decided to pay this amount to the investors as a compensation for the fact that the mortgage transaction took longer than anticipated.

We apologise for the inconvenience.

2023-03-21

We would like to inform you that the mortgage on the project’s – Žemaitijos 1, Vilnius asset, has been successfully placed (the document is attached in the documents section).

This week we will distribute a cashback payment of 0.35% of the invested amount to all investors. The interest payment for this project will be distributed in April.

2023-03-01

Dear investors,

Please be informed that the acquisition process of the buy-to-let project – Žemaitijos 1, Vilnius, has been slightly extended. The property sale required additional agreements from the National Land Authority, which must be submitted within 20 working days.

In this regard, we will pay a cashback of 0.35% of the invested amount to all investors when the mortgage is signed and the property is mortgaged to the lenders.

We apologise for this temporary inconvenience.

Žemaitijos 1, Vilnius I

Reasons to invest in the project Žemaitijos 1, Vilnius I:

Invest in Žemaitijos 1, Vilnius I,Lithuania

Invest in Žemaitijos 1, Vilnius I,
Lithuania