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.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% applies.
This project will be funded in two stages.
The mortgage agreement with the project owner has been successfully concluded and registered (the document can be found in the "Documents" section of the project description).