TIMESHARE
Available for funding: €0
 
€80 800
56 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above.

Annual fixed-return rate:
7.2% - 7.61%

Fixed annual capital gains that would be paid when project is realised. More information can be found by scrolling below to the project description.

Fixed capital gain:
Fixed 1.5% annualy

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above.

Earn:
-

Total expected
earnings:

Total expected
earnings:

-
Reasons to invest in the project V23, Birštonas IV:

Boutique hotel in resort town of Birštonas;

Interest is paid monthly with an attractive annual return of 7.2% – 7.61%, plus an additional fixed annual return on capital gains: +1.5% (paid at the end of the project);

Timeshare – investments of EUR 5,000 or more provide free accommodation in this hotel;

The project owner has a successful track record in similar buy-to-let projects;

Loan-to-Value (LTV) ratio for this phase of the project is 80%, with a maximum LTV of 80% for the entire project;

Fixed interest rate linked (indexed) to inflation;

According to the reports of an independent asset valuer, the value of the financed project has increased from EUR 404,000 to EUR 601,000 since December last year.

InRento team presents the fourth stage of financing of the buy-to-let project – V23, Birštonas IV. The investment offer consists of a boutique hotel in the Lithuanian resort town of Birštonas, located at Vytauto str. 23. 

The property has an area of 431.45 m² and consists of eight separate apartments, five studio apartments, one two-room apartment, one three-room apartment with a terrace, and the last one is a three-room apartment with a swimming pool and sauna. 

Over a period of more than six months, the property has been stripped of redundant ceiling and floor coverings, new partitions (units) have been created and cadastral measurements have been carried out. The renovation of the façade is planned for spring. 

In order to increase the yield and the rentable area, further renovation of the apartments is planned, which will also include interior fitting-out works to make the property suitable for short-term rentals. 

Currently, all tenants in the property have moved out due to ongoing construction works. The owner of the project is aiming to complete the construction works before the summer season and to start hotel operations. The project owner is currently successfully managing a hotel in Biržai and Vievis.

According to the reports of an independent property appraiser, since December last year, the value of the financed project has increased from EUR 404,000 to EUR 601,000.

Investors will be paid a fixed interest rate of 7.2% to 7.61% per annum each month, depending on the amount invested. In January this year, the interest on this project was indexed to the euro zone consumer price index.

The 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 8.7% and 9.11% annual return.

The project also has a Timeshare, those investing from EUR 5,000 and up will have the opportunity to book a night's accommodation and stay for free. More information below. 

Please note that the mortgage on this project has already been signed, so the interest on this stage will start to accrue to the investors as soon as the money is actually disbursed to the project owner.

At the same time, we invite you to take a closer look at Birštonas

2024-02-05

Please be informed that according to the updated Special Terms and Conditions of the loan agreement, all investors who have invested more than EUR 5,000 in the project – V23, Birštonas (regardless of the financing stage) have the opportunity to stay free of charge at this hotel. 

Investors investing EUR 5,000 or more will receive one night's stay, while those investing EUR 15,000 or more will receive three nights.

2023-01-11

We would like to inform you that the mortgage on the project – V23, Birštonas I asset, has been successfully placed (the document is attached in the documents section). 

The interest for the project will be distributed next month.