Urban Living, Vilnius II
Reasons to invest in the project Urban Living, Vilnius II:
- A 14-apartment complex in an attractive part of the city of Vilnius;
- Interest is payable monthly with an attractive annual return of 10.24% – 10.75% plus an additional fixed annual capital gains return of 1.5% (payable at the end of the project);
- Experienced project owner – has more than 20 years of experience in real estate sales, development and leasing;
- Fixed interest linked (indexed) to inflation;
- Loan-to-Value (LTV) for the whole project is 70%;
- According to the independent appraiser’s report, the value of the financed property increased from EUR 603,000 to EUR 832,000 within 10 months.
The InRento team presents the second financing stage of the buy-to-let project – Urban Living, Vilnius II. The investment offer consists of premises that are being converted into an apartment complex in Vilnius, located at Kalvarijų St. 127.
The total area of the financed project is 364.27 m². Currently, the premises are undergoing installation work, including 14 apartments, each with its own bathroom, washing machines, television, and private kitchens.
Between October and December last year, the project owner faced cash flow issues during the construction process, resulting in delays in interest payments. The project owner has resolved the financial issues and is now successfully making interest payments to investors. For more detailed information on the project's payments, please refer to Project updates.
According to the independent appraiser’s report, the value of the financed property increased from EUR 603,000 to EUR 832,000 within 10 months.
This change was driven by the formation of fourteen apartments. Throughout the project, demolition work was carried out, new partitions were installed, heating radiators were replaced, a water supply and sewage system were installed, WC frames were fitted, electrical installations were carried out, and the floors were concreted. Installation work for recuperation and air conditioning systems is underway, and the walls are being plastered.
This project will be focused towards short-term rentals, but with all the necessary amenities it can easily be refocused towards long-term rentals. Similar concept apartments managed by the same project owner in the building have excellent reviews and ratings on the Booking platform.
The project is conveniently located close to the Twinsbet, the largest arena in the city, the Compensa concert hall and the OZAS and Akropolis shopping centers. Due to its competitive prices, the apartments will be attracting an increasing number of tourists and business people. The growing number of visitors contributes to the high level of bookings throughout the year.
The project owner K129 Living team has more than 20 years of experience in real estate sales, development and rental. Since January 2023, the company has also started to offer additional accommodation services, which will lead to higher profitability.
Investors will be paid a fixed interest rate of 10.24% – 10.75% per annum each month, depending on the amount invested. The project also has a fixed annual capital growth rate of 1.5%, payable at the end of the project. This raises the overall yield of this phase to between 11.74% and 12.25% annual return.
The maximum duration of the project is 36 months.
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. The profit margin is payable whether or not the Loan is repaid on the sale of the property.
2024-12-23
We would like to inform you that the project owner has paid all overdue payments, including late interest payments.
Heading towards 2025, all projects on the InRento platform are fully on track and free of delays.
2024-12-23
We would like to inform you that the project owner has paid interest for this project stage.
The interest is being distributed, but we have not received the late interest payments. Once it is received, it will also be distributed to each investor for the overdue period.
We would like to remind you that for every late day of interest a 0.2% daily penalty is being applied.
2024-11-12
We would like to inform you that the project owner has made the remaining interest payment for this loan stage and has paid late interest penalties on the overdue monthly interest payments.
Currently the interest and late payments are being distributed.
Please note that according to the general terms of the loan agreement, for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is due.
Late payments are subject to late loan administration fees of 0.1% per day.
2024-11-07
We would like to inform you that the project owner has made a partial payment of interest for this loan stage.
The interest is being distributed, but please note that we have not yet received the remaining payment of interest and late interest payment. Once the payments have been received, the remaining interest will be distributed as usual, while the late interest payment will be distributed to each investor for the overdue period.
We would like to remind you that for every late day of interest a 0.2% daily penalty is being applied.
2024-10-23
Please be informed that the project owner has paid late interest penalties on the overdue monthly interest payments.
Please note that according to the general terms of the loan agreement, for each calendar day of delay in payment, a default interest of 0.2% of the overdue amount is due.
Late payments are subject to late loan administration fees of 0.1% per day.
2024-10-21
We would like to inform you that the project owner has made an interest payment for this loan stage.
The interest is being distributed, but we would like to point out that we have not yet received the late interest payment and once it is received, it will also be distributed to each investor for the overdue period.
We would like to remind you that for every late day of interest a 0.2% daily penalty is being applied.
2024-07-10
We would like to inform you that the interest for the first stage of the project – Urban Living, Vilnius has started to accrue from 8 July 2024. This means that the investment started generating returns from this Monday.
The interest for this period will be distributed in the following month after the properties will be mortgaged in the name of the creditors.
2024-07-02
Please be informed that the KIID document was updated with revised funding period of the first stage (2024-07-31).
Also all investors who have invested in the first stage of this project will receive a cashback payment of 0.3% (taxes inclusive) of the amount invested.
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
| Payment date | Type | Payment status | Paid |
|---|---|---|---|
| 15 August 2025 | Full principal repayment | Paid on time Payment was received by the due date with no delay | € 150 000 |
| 15 August 2025 | Capital gains payment | Paid on time Payment was received by the due date with no delay | € 938.15 |
| 14 August 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 590.35 |
| 06 August 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 1 283.49 |
| 07 July 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 1 283.49 |
| 06 June 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 1 283.49 |
| 06 May 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 1 283.49 |
| 08 April 2025 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 210.74 |
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