M10 Co-living, Vilnius XI

Vilnius
Funding stages
Available for funding: €0
 
€150 000
113 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:
8-8.5%

This number indicates what part of the profit share you would earn when the property is realized for profit. More information can be found by scrolling below to the project description.

Profit share from capital gain:
30%

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:
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earnings:

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Reasons to invest in the project M10 Co-living, Vilnius XI:

Co-living project with children's playground and surface parking spaces;

Variable capital gains - investors' share of profits is 30%;

Interest is paid monthly to investors with an attractive annual return of 8% – 8.5%;

In May and June this year, there were sales of 2 units which generated an average return on net capital gains (ROI) of 17.24% (after accounting fees) for the investors of the project;

Experienced project owner with extensive experience in the microflat segment;

The loan-to-value (LTV) ratio for this project is 66%, and the maximum LTV for the entire project is 70%;

According to the independent appraiser’s reports, the value of the property has increased from EUR 1,221,000 to EUR 2,265,000 in 15 months.

InRento team presents the eleventh stage of the buy-to-let project – M10 Co-living, Vilnius XI. The investment offer consists of – two buildings and a plot of land located just 15 minutes away with a car from Vilnius Old Town at Mokyklos str. 10A, Galgiai, Vilnius district.

The funding includes a plot of land of 0.29 Ha and two buildings with a total area of 1612.66 m².

The first stage of this project was financed on the InRento platform in May last year. During this period, ten phases have been funded for a total amount of EUR 1,348,900.

The owner of the project is successfully paying interest to investors every month. In addition,  there were partial loan repayments totalling EUR 114,492. In May and June this year, in total 2 units were sold which generated an average return on net capital gains (ROI) of 17.24% (after accounting fees) for the investors of the project.

According to the independent appraiser’s reports, the value of the property has increased from EUR 1,221,000 to EUR 2,265,000 in 15 months. 

Valuation of the property has increased due to the fit-out works on the 19-apartment building. Some apartments' interiors are fully finished, while others have partial finishes. Currently, in this building, 4 apartments are already reserved, and 4 more are for sale.

A total of 31 housing units are planned for these buildings, of which 14 will be one-room apartments, 12 will be two-room apartments, and 5 will be three-room apartments. In addition, a children's playground and surface parking spaces are planned in the nearby area. The project is focused on long-term rent and future sales.

The project owner, Linas Ginaitis, successfully manages several buy-to-let projects on the InRento platform and does not have a single late project.

Investors will be paid a fixed annual interest of 8% – 8.5% depending on the amount invested. 

The project allows investors to earn a return on variable capital gains (profit share) when the property is sold at a higher price. The investors' share of the profit (capital gains) up to 30% (please find more information on Special terms & conditions of the loan annex 5). 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 ratio. See below for more details.

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.

2024-12-19

The project – M10 Co-living, Vilnius has been partially realized.

Investors were repaid EUR 37,971.59 for Stages I to XII. However, no reimbursement was made for Stage XIII, as the property sale agreement was concluded before this phase's financing date.

The payments were distributed together with the variable capital gains totalling EUR 4,208.41 from this partial return.

2024-11-20

The project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid EUR 126,128 for all twelve project stages.

The payments were distributed together with the variable capital gains totalling EUR 10,761.50 from this partial refund.

2024-10-15

Please be informed that the project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid a total of EUR 48,398 for all twelve stages of the project.

The payments were distributed together with the variable capital gain, which totaled EUR 3,480.48 from this partial refund.

2024-08-29

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 55,443 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-20

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 43,775 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-08

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 61,838 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-06-10

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized. A total of EUR 34,097 was repaid to the Investors for all financing stages.

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting fees was 17.3%.

2024-05-28

Please be informed that due to an issue on the part of the payment operator, the transfers of 27 May were incorrectly processed. 

Some payments will be cancelled and the new ones will be processed within the next two working days.  

We apologise for the inconvenience.

2024-05-27

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized.

This time the sale of one property unit was successful. Currently, the project has a total of three real estate units. Investors have received a total investment return of EUR 42,278 for all financing rounds. 

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting tax was 17.17%. 

The disbursement of funds is currently underway and will be distributed within 1 business day. 

2023-09-25

Please be informed that the property rental project – M10 Co-living, Vilnius has been partially realized.

The sale of two property units has been successfully completed. Investors for I-IV stages of a project in total 38,115.33 € of principal was repaid. This project has variable capital gains. 

Depending on the amount invested, the return to investors (ROI) ranged from 23.54% to 35.34%. 

The disbursement of funds is currently underway and will be distributed within 1 working day. We plan to present the new stage of funding for this project this week.

2023-06-09

We would like to inform you that the mortgage on the project’s – M10 Co-living, Vilnius assets, has been successfully placed (the document is attached in the documents section).

The first interest payment for this project will be distributed next month.