M10 Co-living, Vilnius I - 0
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M10 Co-living, Vilnius I

Lithuania
Project updates (11)
Funding stages
M10 Co-living, Vilnius I - 0
M10 Co-living, Vilnius I - 1
M10 Co-living, Vilnius I - 2
M10 Co-living, Vilnius I - 3
M10 Co-living, Vilnius I - 4
M10 Co-living, Vilnius I - 5
M10 Co-living, Vilnius I - 6
M10 Co-living, Vilnius I - 7
M10 Co-living, Vilnius I - 8
M10 Co-living, Vilnius I - 9
M10 Co-living, Vilnius I - 10
M10 Co-living, Vilnius I - 11
M10 Co-living, Vilnius I - 12
M10 Co-living, Vilnius I - 13
M10 Co-living, Vilnius I - 14
M10 Co-living, Vilnius I - 15
Available for funding: €0
 
€304 000
334 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above.

 Annual fixed-return rate
8-8.5%

This number indicates what part of the profit share you would earn when the property is sold for profit or fixed annual capital gains that would be paid when project is realised. More information can be found by scrolling below the project description.

 Capital Gains
30%
from profit

Shows amount you've entered for amount of your investment above. Minimum investment amount is EUR 500.

 Invest:
-

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above.

 Earn:
-

Total expected
earnings:

Total expected
earnings:

-

Security indicates the measures that are being taken to secure your investment. Mortgage means the funds of investors are secured by mortgaging the asset in the name of investors. In case of project owner's default the mortgage of the asset would be used to recover principal investment of investors.

 Security:
1st-rank Mortgage

Investment rating show the risk level assigned to the project. A = lowest risk, while D = highest risk. InRento risk scoring is based on factual data and its scoring model can be discovered transparently at the bottom of this page.

 Investment Rating:
B
Reasons to invest in the project M10 Co-living, Vilnius I:

Co-living project with children's playground and surface parking spaces;

Variable capital gains - investors' share of profits is 30%;

Interest is paid monthly to investors with an attractive annual return of 8% – 8.5% ;

Experienced project owner with extensive experience in the microflat segment;

The loan-to-value (LTV) ratio for this project is only 25%, maximum LTV for the entire project is 70%;

An independent appraiser appraised the project at 1,221,000 EUR.

InRento team presents a new buy-to-let project – M10 Co-living, Vilnius I. The investment offer consists of – two buildings and a plot of land located just 15 minutes away with a car from Vilnius Old Town at Mokyklos g. 10A, Galgiai, Vilnius district.

The funding includes a plot of land of 0.29 Ha and two buildings with a total area of 1612.66 m². The buildings are to be insulated and fully renovated following modern standards, meeting the requirements of the Class A housing category.

A total of 31 housing units are planned for these buildings, of which 14 will be one-room apartments, 12 will be two-room apartments, and 5 will be three-room apartments. In addition, a children's playground and surface parking spaces are planned in the nearby area. The project is focused on long-term rent and future sales.

The rental income is expected to generate EUR 12,600 per month, which covers the amount of interest paid to investors monthly. The project owner, Linas Ginaitis, successfully manages several buy-to-let projects on the InRento platform and does not have a single late project.

Investors will be paid a fixed annual interest of  8% – 8.5% depending on the amount invested. 

The project allows investors to earn a return on variable capital gains (profit share) when the property is sold at a higher price. The investors' share of the profit (capital gains) is 30%. Please note that investors are subject to an accounting fee on capital gains, which depends on the amount invested; the higher the amount invested, the lower the accounting fee ratio. See below for more details.

The capital gains distribution:

30%
Investors
70%
Project owner
Profit share of the investors' 30%
Amount InvestedACCOUNTING FEE RATIONET PROFIT SHARE
Up to € 4999 0.418%
€ 5000 - € 14999 0.3519.5%
€ 15000 - € 29999 0.321%
€ 30000 - € 49999 0.2522.5%
€ 50000 - € 99999 0.224%
From € 100000 0.127%
Read full information on pricing on this link.

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

60 months
Maximum loan term

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

1st charge
Mortgage
Security

These numbers reflect the data about investments of InRento and companies InRento acquired and merged with.

Discover all statistics

8
+ profit share
annual return
Investment bonus:
Investment
from 0 €
annual return
8% + profit share
Investment
from 5000 €
annual return
8.1% + profit share
Investment
from 15000 €
annual return
8.2% + profit share
Investment
from 30000 €
annual return
8.3% + profit share
Investment
from 50000 €
annual return
8.4% + profit share
Investment
from 100000 €
annual return
8.5% + profit share
Financial terms of the investment

Investors will be paid a fixed annual interest of  8% – 8.5% depending on the amount invested. 

The project allows investors to earn a return on variable capital gains if the property is sold at a higher price. The investors' share of the profit (capital gains) is 30%. Please note that investors are subject to an accounting tax on capital gains, which depends on the amount invested – the higher the amount invested, the lower the tax rate.

InRento Risk Scoring

CriterionScore
Borrower's equity exceeds the amount of financing needed
1 / B
Borrower's last year's net profit is sufficient to cover the fixed-interest
1 / B
Borrower's Debt / Equity ratio
2 / C
Borrower's ability to repay liabilities in the past
-1 / A+
Property price comparison to a 3rd party valuation
0 / A
Property type
0 / A
Is there a tenant already
2 / C
Borrower's experience with rental properties
0 / A
Will the property require renovation
2 / C
Micro-location
2 / C
Does the property have dedicated parking slot near premises? (long-term rent)
0 / A
Property has all applicable certificates/zoning rights with at least 2 years before expiry date
0 / A
Years since last renovation of the premises
-1 / A+
Total:
8 / B
Investment rating
A – Lowest risk
D – Higest risk
B

InRento Risk rating is of an informative nature only and can not be considered investment advice. When assessing risk UAB InRento bases its risk scoring on independent information gathered from Creditinfo, State Registries, Appraisal reports, etc., and financial data is being assessed based on unaudited accounts. Please be informed that the shareholders of the crowdfunding platform operator UAB Inrento, holding 20% or more of the share capital or voting rights, as well as the managers and employees of the operator, are investing in this project. If you want to revoke your investment, please write us an email at info@inrento.com. Right to revoke your investment expires in four calendar days after placement of your investment.

InRento is licenced and regulated by the Bank of Lithuania.

Location of the property

The project owner (borrower) Project owner

Galgiai, MB

Galgiai, MB – established as a special purpose vehicle for to increase the security of investments.

The head of the company is Linas Ginaitis, who specialises in the development, sale and lease of residential housing, lofts, commercial property and land plots.

2024-12-19

The project – M10 Co-living, Vilnius has been partially realized.

Investors were repaid EUR 37,971.59 for Stages I to XII. However, no reimbursement was made for Stage XIII, as the property sale agreement was concluded before this phase's financing date.

The payments were distributed together with the variable capital gains totalling EUR 4,208.41 from this partial return.

2024-11-20

The project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid EUR 126,128 for all twelve project stages.

The payments were distributed together with the variable capital gains totalling EUR 10,761.50 from this partial refund.

2024-10-15

Please be informed that the project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid a total of EUR 48,398 for all twelve stages of the project.

The payments were distributed together with the variable capital gain, which totaled EUR 3,480.48 from this partial refund.

2024-08-29

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 55,443 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-20

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 43,775 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-08

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 61,838 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-06-10

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized. A total of EUR 34,097 was repaid to the Investors for all financing stages.

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting fees was 17.3%.

2024-05-28

Please be informed that due to an issue on the part of the payment operator, the transfers of 27 May were incorrectly processed. 

Some payments will be cancelled and the new ones will be processed within the next two working days.  

We apologise for the inconvenience.

2024-05-27

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized.

This time the sale of one property unit was successful. Currently, the project has a total of three real estate units. Investors have received a total investment return of EUR 42,278 for all financing rounds. 

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting tax was 17.17%. 

The disbursement of funds is currently underway and will be distributed within 1 business day. 

2023-09-25

Please be informed that the property rental project – M10 Co-living, Vilnius has been partially realized.

The sale of two property units has been successfully completed. Investors for I-IV stages of a project in total 38,115.33 € of principal was repaid. This project has variable capital gains. 

Depending on the amount invested, the return to investors (ROI) ranged from 23.54% to 35.34%. 

The disbursement of funds is currently underway and will be distributed within 1 working day. We plan to present the new stage of funding for this project this week.

2023-06-09

We would like to inform you that the mortgage on the project’s – M10 Co-living, Vilnius assets, has been successfully placed (the document is attached in the documents section).

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

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