Available for funding: €0
 
€55 000
114 investors

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Annual fixed-return rate
5.87% - 6.28%

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Capital Gains
Fixed 1.5% annualy

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Reasons to invest in the project Vanagupė 38, Palanga I:

Apartment in an attractive part of Palanga;

Interest is paid monthly with an annual return of 5.7% – 6.1%

Fixed annual return on capital gains (+1.5%) (paid at the end of the project);

Fixed interest indexed to inflation;

The loan-to-value (LTV) ratio for this stage – is 39% maximum project LTV – 58%;

An independent appraiser valued the apartment at 140,000 EUR.

InRento team presents a new buy-to-let project – Vanagupė 38, Palanga I. The investment offer consists of a new apartment located in the Lithuanian resort city – Palanga. 

The area of the financed apartment is 46.67 m². During the first stage, the acquisition of the project will be funded, followed by a second stage of funding after the furnishing is completed.

This project will be rented for short-term rent. After the furnishing works are carried out, the project is expected to generate more than €12,000 of rental income during the period from April to the end of the year 2023. In the upcoming year of 2024 – the project owner expects rental income to be more than €14,000.

Investors will be paid a fixed annual interest of 5.7% – 6.1% 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 7.2% and 7.6 of annual return.

2023-05-03

We would like to inform you that the mortgage on the project’s – Vanagupė 38, Palanga asset, has been successfully placed (the document is attached in the documents section).

The interest payment for this project will be distributed next month.