Reasons to invest in the project SK 12, Vilnius I:
The apartments are located in a promising location in Vilnius – Uptown;
Experienced project owner – successfully managing several similar buy-to-let projects on InRento platform;
Interest paid monthly with an attractive annual return of 7.5% - 8%, plus an additional fixed annual capital gains: +1.5% (paid at the end of the project);
Fixed interest linked (indexed) to inflation;
Loan to Value (LTV) for this phase is 72%, maximum LTV for the whole project is 75%;
The apartments were appraised by an independent appraiser at EUR 191,000.
InRento team presents a new buy-to-let project – SK 12, Vilnius I. The investment offer consists of a new apartment with an underground parking slot located in a growing area of Vilnius – Uptown, at the address – Skroblų g. 12.
The area of the financed apartment with partial finishing – 49.59 m². The first phase finances the acquisition of the property, followed by a second phase, after the installation, to pay the contractors.
Other major developers are also planning large-scale developments in this particular location on Skroblų Street. With the development of these projects, the area will undergo a significant change and likely increase in value.
This project is focused on long-term rent. After the fit-out works, it is expected to generate a rental income of EUR 1,000 per month from this three-room apartment together with an underground parking space.
The owner of the project is Baltic Real, MB. The company has successfully administered several similar rental projects on the InRento platform.
Investors will be paid a fixed interest rate of 7.5% – 8% per annum each month, depending on the amount invested.
This project also has a fixed annual capital growth rate of 1.5% which is paid at the end of the project. This raises the total yield of this phase to between 9% and 9.5% annual return.