Reasons to invest in the project K1, Vilnius III:
The premises are located in the Old Town of Vilnius;
Attractive fixed annual rental yield (7.5 – 8%);
Fixed minimum annual return on capital gains (+2%) (payable at the end of the project);
Variable capital gains, with investments from 5,000 EUR;
Fixed interest linked (indexed) to inflation;
The loan-to-value (LTV) ratio for this stage – is 70% maximum project LTV – 80%;
An independent appraised the premises at EUR 1,002,000 EUR.
InRento team presents a third stage of the buy-to-let project – K1, Vilnius III. The investment offer consists of the property which is located in Vilnius Old Town, at Kauno g. 1A, Vilnius.
The project consists of premises with a 439.89 m² area which has been renovated and converted into lofts. Since the previous financing stages, in half a year the project owner has carried out the renovation works and some of the lofts have already been furnished. The final furnishings are in progress and once finalized the final stages of the project will be financed. After that, the project will begin being rented out.
The location of the property is Vilnius Old Town, Kauno g. 1A, Vilnius. This is a highly strategic location: just 450 meters away from the train station, 900 meters to Vilnius Town Hall and next to the building is the popular bar – "Kablys".
This project is one of a kind because investors can earn – monthly interest, fixed annual capital gains and variable capital gains depending on the amount invested.
Investors will be paid a fixed annual interest of 7.5% – 8% depending on the amount invested. This project has a fixed 2% annual capital gains, which are paid at the end of the project. This raises the overall yield of this stage of the project between 9.5% and 10% annual return.