Reasons to invest in the project M7, Vilnius I:
Apartments in the central area of Vilnius city;
Interest is paid monthly with an attractive annual return of 6.5% – 7%;
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 65%. The maximum LTV for the whole project is 75%;
An independent appraiser valued the premises at 219,000 EUR.
InRento team presents a new buy-to-let project – M7, Vilnius I. The investment offer consists of an Apartment with underground parking and a storage room located in a central area of Vilnius – Manufaktūrų str. 7.
The area of the apartment is 55.96 m². During the first phase, the acquisition of the apartment will be funded, followed by a second phase of funding to pay the contractors after the furnishing is completed.
The project is orientated towards long-term rent. At the moment, the apartment has a partial installation. After furnishing all 3 rooms, the project owner expects to generate a monthly rental income of EUR 1,300 including parking and storage spaces. The project owner is Baltic Real, MB – a company that successfully administers several similar rental projects on the InRento platform.
Investors will be paid a fixed annual interest of 6.5% – 7% 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 this stage of the project between 8% and 8.5% of the annual return.