Reasons to invest in the project Gedimino 22, Vilnius I:
Modern apartments for rent in Vilnius Old Town – on the main street of the city – Gedimino Avenue;
Project owner in 2022 generated EUR 55,000 profit and this is higher than interest amount payable for this loan;
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 to inflation;
The loan-to-value (LTV) ratio for this stage – is 38%. The maximum LTV for the whole project is 75%;
An independent appraiser valued the apartments at 659,000 EUR.
InRento team presents a new buy-to-let project – Gedimino 22, Vilnius I. The investment offer consists of two modern and luxurious apartments in the main avenue of Vilnius, address: Gedimino av. 22.
The project includes two apartments with areas of 60.54 m² and 56.41 m². These are fully modern-furnished apartments intended to be rented for short-term rent and are located in the main street of the capital Vilnius – Gedimino Avenue.
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 from 8% to 8.5% of the annual return.
This project has the lowest risk level – A.