InRento team presents a new buy-to-let project – Žukausko 49, Vilnius. The investment offer consists of commercial premises with a long-term rental contract located at Žukausko str. 49, Vilnius.
The area of the financed premises is 175.71 m² which is fully rented to Livita, UAB. This company has been in business for over 30 years and has stores in Vilnius, Kaunas, Klaipėda and Mažeikiai.
The project owner has been renting the premises to the company since 2014, and the new rental agreement is valid until 31-03-2025. The monthly rental income is EUR 1,500, which is higher than the amount of interest paid to the investors monthly.
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 the project between 8% and 8.5% 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. If the Loan is repaid after 48 months, a fixed return of 6% applies. If the Loan is repaid after 60 months, a fixed return of 7.5% applies.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
We would like to inform you that the mortgage on the project’s – Žukausko 49, Vilnius asset, has been successfully placed (the document is attached in the documents section).
The first interest payment for this project will be distributed next month.