TIMESHARE

Žemaitijos 1, Vilnius I

Vilnius
Available for funding:  €0
€220 000
€220 000 goal
305 investors

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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

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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.