InRento team presents a new buy-to-let project – Didžioji 22, Vilnius I. The investment offer consists of a premises located in Vilnius Old Town – Didžioji str. 22.
What makes this project special is its location. The building is located just a few meters away from one of the city's most popular destinations – City Hall.
The area of the building is 112.80 m². During the first stage, the loan is issued as financing of the acquisition. The financing of the remaining stages will be linked to the installation and furnishing of the apartments. Additionally the project owner will have to provide updated appraisal reports of the property.
The project is focused towards short-term rent. The owner of the project intends to use the entire area of the building for installing three separate apartments.
Investors will be paid a fixed annual interest of 6.6% – 7.1% 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 8.1% to 8.6% of the annual return.
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 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% applies.
This project will be funded in four stages.
The project – Didžioji 22, Vilnius has been partially realised.
Investors have been repaid EUR 254,230.74 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 7,097.35.
Correction: please note that the maximum loan maturity for all funding stages has been aligned with the funding date of the first stage – 21/03/2026. The project owner undertakes to repay the loan amounts of all stages by this date.
For further details, please refer to the documents section – Special terms & conditions of the loan annex (1).
We would like to inform you that the mortgage on the project’s – Didžioji 22, Vilnius asset, has been successfully placed (the document is attached in the documents section).
The interest payment for this project will be distributed in April.