Reasons to invest in the project M10 Co-living, Vilnius XII:
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 this project a total of 7 apartments have been sold, which have already generated a total capital gain of EUR 37,020 for the investors;
Experienced project owner with extensive experience in the microflat segment;
The loan-to-value (LTV) ratio for this 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 twelfth stage of the buy-to-let project – M10 Co-living, Vilnius XII. 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. he first stage of this project was financed on the InRento platform back in May 2023. During this period, eleven phases have been funded for a total amount of EUR 1,498,900.
The project owner is successfully paying interest to investors every month. During this period, 7 apartments were sold, which have already generated a total capital gain of EUR 37,020 for the investors after accounting fees.
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.
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 refer to Annex No. 5 of the Special Terms & Conditions for additional information.). 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 agreement for this project is already 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.