InRento presents the second stage of the buy-to-let project – V23, Birštonas II. 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.
Investors will be paid a fixed annual interest of 7% – 7.5% depending on the amount invested. This project has a fixed 2.5% annual capital gains, which are paid at the end of the project. This raises the overall yield of the project from 9.5% to 10% of the annual return.
We kindly invite you to discover more about the city of Birštonas.
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 2.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 2.5% applies. If the Loan is repaid after 24 months, a fixed return of 5% applies. If the Loan is repaid after 36 months, a fixed return of 7.5% applies. If the Loan is repaid after 48 months, a fixed return of 10% applies. The profit margin is payable whether or not the Loan is repaid on the sale of the property.