InRento team presents a new buy-to-let project – Gedimino 22, Vilnius II. 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% – 6.9% 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 8.4% of the annual return.
This project has the lowest risk level – A.
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 financed in third phases.
We are pleased to announce that the project at Gedimino 22, Vilnius, has been successfully completed and fully realised.
This investment involved two modern and high-quality apartments in a prestigious area of Vilnius Old Town – Gedimino Avenue 22.
It is important to note that the average annual return for investors in this project exceeded expectations, reaching 7.67% instead of the planned 7.5%
The payment process is currently underway, and funds will be distributed to investors within the next 2 business days.
We would like to inform you that the mortgage on the project’s – Gedimino 22, 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.