S33, Vilnius II
Reasons to invest in the project S33, Vilnius II:
- Apartment located in the Old Town of Vilnius city;
- The property is being financed together with its own parking slot and storage space;
- Interest is paid monthly to investors with an attractive annual return of 7% to 7.4%;
- Fixed annual return on capital gains: +1.5% (paid at the end of the project);
- The loan-to-value (LTV) ratio for this phase is 75, with a maximum LTV of 80% for the whole project;
- The apartments with a parking slot and storage space were appraised by an independent appraiser at EUR 223,000.
InRento team presents a second stage of the buy-to-let project – S33, Vilnius II. The investment offer consists of a new apartment with an underground parking spot and storage room located in the old town of Vilnius at Šv. Stepono str. 33. Next to the conversion project “Vilnius Connect”, read more in our blog post.
The area of the apartment is 56.77 m². During the first and second stages, the acquisition of the apartment will be funded, followed by the third stage of funding to settle the payments with the contractors after the furnishing is completed.
The project will be rented out for the long term. At the moment, the apartment has a partial installation. After furnishing it, the project owner expects to generate a monthly rental income of EUR 1,300, including the parking slot and storage space. The project owner Baltic Real, MB, is a company that successfully administers several similar buy-to-let projects financed on the InRento platform.
Investors will be paid a fixed annual interest of 7% – 7.4% 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 8.5% and 8.9% 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.
This project will be funded in three stages.
2025-11-07
We are pleased to announce that the project – S33, Vilnius, has been fully realized.
The investment offer consisted of a new apartment with an underground parking spot and storage room located in the old town of Vilnius at Šv. Stepono str. 33.
The total average annual return to investors in this project was higher than expected: in the 1st and 2nd stages reaching 9% instead of 8.5%, in the 3rd stage reaching 8.08% instead of 7.5%.
The disbursement of funds is currently underway and will be distributed within 2 working days.
2023-06-14
We would like to inform you that the mortgage on the project’s – S33, 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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Vilnius Lithuania