A5, Vilnius II

InRento team presents the 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 the apartment is 73.38 m². The first stage, which took place almost 5 months ago, financed the acquisition of the property. Once part of the installation has been completed, this second stage is financed.

According to the reports of an independent appraiser, the value of the property has increased from EUR 325,000 to EUR 351,000 over 6 months. 

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 7.5% – 7.8% 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% and 9.3% annual return.

Please note that the mortgage for this project signed, thus the interest for this phase will start to accrue to the investors as soon as the money is actually disbursed to the project owner.

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.