Reasons to invest in the project B35, Vilnius II:
Buy-to-let project in a convenient location, near the pond;
Variable capital gains – up to 30% investor profit share;
Interest is paid monthly with an attractive 11% – 11.4% annual return;
Experienced project owner - has experience in real estate development and leasing
The loan to value (LTV) for this stage of the project is 71%, and the maximum LTV for the whole project is 74%;
An independent appraiser appraised the project at EUR 481,000.
The InRento team presents a second stage of buy-to-let project – B35, Vilnius II. The investment offer consists of a house with a plot of land next to a pond, 15 minutes drive from the Old Town of Vilnius.
The property is located at Bartų str. 35, Vilnius district, Zujūnai. Close to the Western Bypass, which provides easy access to the main parts of Vilnius city.
The plan is to make efficient use of the entire 443.83 m² of the current building by adding 19 residential units of 13 – 28 m². The facilities will be furnished to modern standards. Surface parking spaces are planned in the vicinity.
This project is oriented towards rentals and future disposals. Four preliminary sales contracts have already been concluded for the sale of five apartments in the project.
The project owner's expected profit (capital gain) on selling all the units would be up to EUR 231,060, split between the project owner and the investors. The maximum loan amount for this project is EUR 515,000, on which the variable capital gains will be calculated.
Investors will be paid a fixed interest rate of 11% – 11.4% 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.
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.