M8 Co-living, Vilnius III
Reasons to invest in the project M8 Co-living, Vilnius III:
- Experienced project owner – successfully developed lofts in this part of Vilnius;
- Interest is paid monthly with an attractive annual return of 8% – 8.4% plus an additional fixed annual capital gains return of +1.5% (paid at the end of the project);
- The loan to value (LTV) for this phase is attractive at 61%, the maximum LTV for the whole project is 70%;
- The independent appraiser appraised the premises at EUR 685,000.
InRento team presents the third stage of financing the buy-to-let project: M8 Co-living, Vilnius III. The investment offer consists of premises in Vilnius that will be converted into lofts.
The total area of the financed properties is 600.87 m². The plan is to convert these premises into 19 separate lofts for accommodation activities. The owner of the project has already carried out such conversion on the other floors of the building and will convert the whole building upon completion of these remaining floors.
Some of the lofts on the other floors have been financed on the InRento platform with the M8, Vilnius project, which has been paying interest on time for the investors and has had a partial realization of the project.
The project owner is expecting to generate a total rental income of EUR 6,650 per month, which covers the amount of interest paid to the investors each month. The owner of the project, Linas Ginaitis, has been successfully managing several buy-to-let projects financed on the InRento platform and has not had a single late or default project.
Investors will be paid a fixed interest rate of 8% – 8.4% per annum, depending on the amount invested.
This project also has a fixed annual capital growth rate of 1.5% paid at the end of the project, which raises the total yield of the project from 9.5% to 9.9% 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 financed in three stages.
2025-10-21
The project – M8 Co-living, Vilnius has been partially realised.
Investors have been repaid EUR 34,908.98 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 988.98.
2025-08-12
The project – M8 Co-living, Vilnius has been partially realised.
Investors have been repaid EUR 19,676.70 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 490.68.
2025-01-23
The project – M8 Co-Living, Vilnius has been partially realized.
Investors have been repaid EUR 61,507.88 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 1,082.
2024-10-15
Please be informed that the buy-to-let project – M8 Co-living, Vilnius has been partially realized.
The investors were reimbursed EUR 17,869.69 for all four stages of the project.
The payments are distributed together with a fixed 1.5% annual capital gain.
2024-09-20
Please be informed that the buy-to-let project – M8 Co-living, Vilnius has been partially realized.
The investors were reimbursed EUR 43,533.66 for all four stages of the project.
The payments are distributed together with a fixed 1.5% annual capital gain.
2024-06-17
Please be informed that the buy-to-let project – M8 Co-living, Vilnius has been partially realized.
This time another loft has been sold. The investors were reimbursed EUR 29,260.22 for all four stages of the project.
The payments are currently in progress and will be distributed together with a fixed 1.5% annual capital gain.
2024-05-27
Please be informed that the buy-to-let project – M8 Co-living, Vilnius has been partially realized.
This time another loft has been sold. The investors were reimbursed EUR 17,128.47 for all four stages of the project.
The payments are currently in progress and will be distributed together with a fixed 1.5% annual capital gain.
2024-05-07
Dear investor,
We would like to inform you that one of the lofts was sold, and a total of EUR 16,409.69 loan principal was repaid for all four project stages. Currently, the payments are being processed and will be distributed together with fixed annual capital gains of 1.5%.
2023-11-13
We would like to inform you that the mortgage on the project’s – M8 Co-living, Vilnius assets, has been successfully placed (the document is attached in the documents section). Interest has started to be calculated from 31 October, 2023.
The first interest payment for this project will be distributed this month.
2023-10-23
Dear Investor,
Please be informed that the mortgage process for the project: M8 Co-living, Vilnius – has taken a little longer than usual due to unforeseen documentation required during the property acquisition transaction. The notarial registration of the mortgage is scheduled for 6 November.
In view of these circumstances, we will pay all those who have invested in the first phase of this project a payment of 0.7% cashback (taxes inclusive) of the amount invested, and we will pay 0.35% to those who have invested in the second phase.
Payments to investors will be made once the mortgage has been signed and the property has been pledged to the lenders.
We apologise for any temporary inconvenience.
Enabled Projects
Vilnius Lithuania