SAT 7, Vilnius I

InRento team presents a new buy-to-let project: SAT 7, Vilnius I. The investment offer consists of an apartment located close to financial district of Vilnius – Šatrijos str. 7

The area of the apartment is 35.19 m². During the first phase, the acquisition of the apartment will be funded, followed by a second phase of funding to pay the contractors after the furnishing is completed.

This project focuses on long term rent. At the moment, the apartment has a partial installation. After furnishing, the project owner expects to generate a monthly rental income of EUR 750. The project owner is Baltic Real, MB – a company that successfully administers several similar buy-to-let projects on the InRento platform.

Investors will be paid a fixed annual interest of 7.5% – 8%, 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 9% and 9.5% of the annual return.

The maximum loan term is 36 months. After this period, the project owner plans to refinance or sell the property.

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.

This project will be funded in two stages.