Reasons to invest in the project SAT 7, Vilnius I:
Apartment is located close to financial district of Vilnius;
Experienced project owner – successfully manages several similar buy-to-let projects financed on the InRento platform;
Interest is paid monthly with an attractive annual return of 7.5% – 8% and fixed annual return on capital gains: +1.5% (payable at the end of the project);
Fixed interest linked (indexed) to inflation;
The loan-to-value (LTV) ratio for this stage – is 75%. The maximum LTV for the whole project is 75%;
An independent appraiser appraised the apartment at 138,000 EUR.
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.