Reasons to invest in the project Bajorai 20, Vilnius I:
Buy-to-let project with surface parking spaces in Vilnius;
Variable capital gains – up to 30% investor profit share;
Interest is paid monthly with an attractive 9% – 9.5% annual return;
The loan has full surety issued another company of the shareholder that is in business for almost 30 years;
The loan to value (LTV) for this stage of the project is 66%, and the maximum LTV for the whole project is 70%;
An independent appraiser appraised the hotel at EUR 538,000.
InRento team presents a new buy-to-let project – Bajorai, Vilnius I. The investment offer consists of a house with a land plot located 20 minutes by car from Vilnius Old Town.
The address of the property is Paukščių Tako st. 20, Vilnius. The plan is to efficiently use the existing 568 m² floor area of the house by creating 17 residential units of 18 to 30 m² each.
The furnishing will be carried out following modern standards, meeting the requirements of the Class A housing category. Surface parking spaces are planned in the area. This project is oriented towards rental and future realisation of the property.
An independent appraiser appraised a 0.1-hectare plot of land (4103-0500-000) at EUR 106,000 and a 568 m² residential house (4400-4303-5810) at EUR 432,000. The total value of the mortgaged assets of the financed project is EUR 538,000.
The project owner expects to generate profit (capital gains) of EUR 150,000, which would be then split between the project owner and the investors.
Investors will be paid a fixed interest rate of 9% – 9.5% per annum, depending on the amount invested.
The project allows investors to earn a return on variable capital gains if the property is sold at a higher price. The investors' share of the profit (capital gains) is up to 30%. Please note that investors are subject to an accounting fee on capital gains, which depends on the amount invested – the higher the amount invested, the lower the accounting fee.
The maximum loan duration for this project is only – 18 months. The loan to value (LTV) for this stage of the project is 66%, and the maximum LTV for the whole project is 70%.