K129, Vilnius I
Reasons to invest in the project K129, Vilnius I:
- The project is financed for a complex of ten fully furnished apartments located in an attractive part of Vilnius city;
- Interest is payable monthly with an attractive annual return of 9% – 9.5% plus an additional fixed annual capital gains return of +1.5% (payable at the end of the project);
- Experienced project owner – has more than 20 years of experience in real estate sales, development and leasing;
- Fixed interest linked (indexed) to inflation;
- Loan-to-Value (LTV) of 50% for this phase, maximum LTV for the whole project is 70%;
- The financed apartments have been appraised by an independent appraiser at EUR 799,000.
InRento team presents a new buy-to-let project – K129, Vilnius I. The investment offer consists of a complex of ten fully furnished apartments located in Vilnius, at Kalvarijų str. 129.
The total area of the financed project is 306.79 m², consisting of ten separate rooms, each of which has its own bathroom, washing machine, TV set and its own kitchen.
This project is oriented towards short-term rentals, but with all the necessary amenities, it can easily be oriented towards long-term rentals. These apartments have excellent reviews and ratings on the Booking.com platform.
The financed apartments already have a cashflow history – from August 2023 to the end of the year, they generated EUR 60,000 in rental income, with an occupancy rate of 75%. The project owner expects to generate rental income of EUR 145,250 over the period from this year to 2024, with an occupancy rate of at least 80%.
The project is conveniently located close to the Avia Solutions Group Arena, the largest arena in the city, the Compensa concert hall and the OZAS and Akropolis shopping centers. Due to its competitive prices, the apartments are attracting an increasing number of tourists and business people. The growing number of visitors contributes to the high level of bookings throughout the year.
The project owner K129 Living team has more than 20 years of experience in real estate sales, development and rental. Since January 2023, the company has also started to offer additional accommodation services, which will lead to higher profitability.
Investors will be paid a fixed interest rate of 9% – 9.5% per annum each month, depending on the amount invested. The project also has a fixed annual capital growth rate of 1.5%, payable at the end of the project. This raises the overall yield of this phase to between 10.5% and 11% annual return.
The maximum duration of the project is 36 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. If the Loan is repaid after 36 months, a fixed return of 4.5% 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 the two phases.
2025-06-25
The project owner paid interest and late payments for both stages of the project.
Please note that for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is applied. Late payments are subject to late loan administration fees of 0.1% per day.
2025-06-17
We would like to inform you that the project owner has paid the interest and late payment penalties for the second stage, but is late in making the payment for the first stage. The payment is planned to be made in the coming days.
Please note that for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is applied. Late payments are subject to late loan administration fees of 0.1% per day.
2025-06-13
The project owner is currently late with the interest payments for both project stages and plans to pay interest in the coming days.
Please note that for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is applied. Late payments are subject to late loan administration fees of 0.1% per day.
2025-05-27
We would like to inform you that the project owner has paid interest and late interest penalties for the 1st stage of the loan.
The interest and late interest penalties are being distributed and will be paid within 2 working days.
Please note that for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is applied. Late payments are subject to late loan administration fees of 0.1% per day.
2025-05-13
The project owner is currently late with the interest payment. The project owner plans to pay interest within the next few days.
A late payment penalty of 0.2% will be applied for each day of interest payment delay (late payments are subject to late loan administration fees of 0.1% per day).
2024-12-23
We would like to inform you that the project owner has paid all overdue payments, including late interest payments.
Heading towards 2025, all projects on the InRento platform are fully on track and free of delays.
2024-12-23
We would like to inform you that the project owner has paid interest for all project stages.
The interest is being distributed, but we have not received the late interest payments. Once it is received, it will also be distributed to each investor for the overdue period.
We would like to remind you that for every late day of interest a 0.2% daily penalty is being applied.
2024-11-28
We would like to inform you that the grace period of 14 days has elapsed during which the project owner has not paid interest and late interest fees.
The project owner did not manage cashflows while fitting out additional premises. Since the start of the financing, renovation works have been carried out on the premises, which increased the value of the collateral and reduced the loan-to-value (LTV) ratio.
We are currently awaiting payment of interest and late interest fees from the project owner, additional information and reserve the right to terminate the loan agreement and start the recovery process.
2024-10-23
Please be informed that the project owner has paid late interest penalties on the overdue monthly interest payments.
Please note that according to the general terms of the loan agreement, for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is due.
Late payments are subject to late loan administration fees of 0.1% per day.
2024-10-21
We would like to inform you that the project owner has made an interest payment for this loan stage.
The interest is being distributed, but we would like to point out that we have not yet received the late interest payment and once it is received, it will also be distributed to each investor for the overdue period.
We would like to remind you that for every late day of interest a 0.2% daily penalty is being applied.
2024-02-26
We would like to inform you that the mortgage on the project’s – K129, Vilnius I, has been successfully placed (the document is attached in the documents section).
The first interest payment for this project will be distributed next month.
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
| Payment date | Type | Payment status | Paid |
|---|---|---|---|
| 14 August 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 1 422.72 |
| 14 August 2025 | Full principal repayment | Paid on time Payment was received by the due date with no delay | € 400 000 |
| 14 August 2025 | Capital gains payment | Paid on time Payment was received by the due date with no delay | € 9 000.19 |
| 12 August 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 090.75 |
| 15 July 2025 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 3 090.75 |
| 25 June 2025 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 80.35 |
| 24 June 2025 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 3 090.75 |
| 27 May 2025 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 94.08 |
| 27 May 2025 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 3 090.75 |
| 12 April 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 090.75 |
| 13 March 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 090.75 |
| 12 February 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 090.75 |
| 13 January 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 23 December 2024 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 324.16 |
| 23 December 2024 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 3 017.82 |
| 23 December 2024 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 3 017.82 |
| 23 October 2024 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 41.78 |
| 21 October 2024 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 3 017.82 |
| 10 September 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 10 August 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 11 July 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 11 June 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 12 May 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 12 April 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 3 017.82 |
| 12 March 2024 | Interest payment | Paid on time Payment was received by the due date with no delay | € 595.58 |
Enabled Projects
Vilnius Lithuania