A5, Vilnius I
Reasons to invest in the project A5, Vilnius I:
- The financed project is located in Paupys, one of the most prestigious areas of Vilnius;
- Interest is paid monthly with an attractive annual return of 8% – 8.5%, plus an additional fixed annual capital gains return of +1.5% (paid at the end of the project);
- Experienced project owner – with a wealth of experience in managing a wide range of short-term rental projects;
- Fixed interest linked (indexed) to inflation;
- Loan to Value (LTV) for this phase is 70%, maximum LTV for the whole project is 75%;
- The apartments were appraised by an independent appraiser at EUR EUR 325,000.
InRento team presents the first buy-to-let project in one of the newest and most modern districts of Vilnius – Paupys, located in the Old Town of Vilnius.
The investment offer consists of new and spacious apartments located at Aukštaičių str. 5, Vilnius. The area of these financed apartments with partial finishing is 73.38 m². The first stage is financing the acquisition of the property, followed by the second stage of financing the settlement with the contractors after installation.
This project is focused on short-term rentals. The plan is to subdivide this apartment into two smaller apartments and after the fit-out works, it is expected to generate a total rental income of EUR 2,700 per month.
The project owner is Justas Žegunis, a management consultant with extensive experience in managing various short-term rental projects through Airbnb and Booking platforms.
Paupys is the first Lithuanian real estate project of this type to be nominated at the prestigious MIPIM awards. Paupys is a part of the historic Old Town of Vilnius that has been brought to life with a special focus on the harmony between nature and urban planning.
Investors will be paid an attractive fixed interest rate of 8% – 8.5% per annum, depending on the amount invested.
This project also has a fixed annual capital growth rate of 1.5% payable at the end of the project. This raises the total yield of this phase to between 9.5% and 10% annual return.
The maximum loan duration for this project is only 24 months.
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.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
This project will be financed in the two stages.
2024-07-23
We would like to inform you that a payout for A5, Vilnius II, has been made.
Interest for investors starts to accrue from 2024-07-22.
2024-01-15
We would like to inform you that the mortgage on the project’s – A5, Vilnius I asset, has been successfully placed (the document is attached in the documents section).
The interest payment for this project will be distributed next month.
Enabled Projects
Vilnius Lithuania