Reasons to invest in the project SAT 7, Vilnius II:
Apartment is located close to financial district of Vilnius;
Experienced project owner – successfully manages several similar buy-to-let projects financed on the InRento platform;
Interest is paid monthly with an attractive annual return of 7.5% – 7.7% and fixed annual return on capital gains: +1.5% (payable at the end of the project);
Fixed interest linked (indexed) to inflation;
The loan-to-value (LTV) ratio for this project is 74%;
According to the reports of an independent appraiser, the value of the property has increased from EUR 138,000 to EUR 163,000 over 8 months.
InRento team presents the second stage of the buy-to-let project – SAT 7, Vilnius II. The investment offer consists of an apartment located close to financial district of Vilnius – Šatrijos str. 7.
The area of the apartment is 35.19 m. The first stage, which took place almost 10 months ago, financed the acquisition of the property. All the fitting-out work has been completed, so the second stage is financed to pay the contractors.
According to the reports of an independent appraiser, the value of the property has increased from EUR 138,000 to EUR 163,000 over 8 months.
This project focuses on long term rent. Project owner expects to generate a monthly rental income of EUR 750. The project owner is Baltic Real, MB – a company that successfully administers several similar buy-to-let projects on the InRento platform.
Investors will be paid a fixed annual interest of 7.5% – 7.7%, depending on the amount invested.
This project has a fixed 1.5% annual capital gains, which are paid at the end of the project. This raises the overall yield of this stage of the project between 9% and 9.2% of the 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.