Reasons to invest in the project B2, Vilnius I:
The apartment is surrounded by nature, located in Burbiškės Forest Park, Vilnius;
Linas Ginaitis – experienced project owner successfully managing several buy-to-let projects on InRento platform;
Interest paid monthly with an attractive annual return of 9% – 9.4%, plus an additional fixed annual capital gains: +1.5% (paid at the end of the project);
Loan to Value (LTV) for this phase is 75%, maximum LTV for the whole project is 75%;
An independent appraiser valued the property value of EUR 116,000.
InRento team presents a new buy-to-let project – B2, Vilnius I. The investment offer consists of an apartment in the newly developed apartments complex surrounded by Burbiškės Forest Park at Bartų str. 2, Vilnius.
The area of the financed apartment with partial finishing is 39.17 m². The first phase finances the acquisition of the property, followed by a second phase, for furnishing the apartments and settling accounts with the contractors.
Burbiškės Forest Park is home to wild walking, cycling and jogging trails. Surrounded by nature, this apartment is just a 10-minute drive from Vilnius Old Town.
This project is focused on long-term rent. After the fitting-out works, the rental income of this apartment is expected to be EUR 750 per month.
Investors will be paid a fixed interest rate of 9% – 9.4% per annum each month, depending on the amount invested. This project also has a fixed annual capital growth rate of 1.5% which is paid at the end of the project. This raises the total yield of this phase to between 10.5% and 10.9% annual return.