Reasons to invest in the project Bajorai 20, Vilnius IV:
Buy-to-let project with surface parking spaces in Vilnius;
Variable capital gains – up to 30% investor profit share;
Interest is paid monthly with an attractive 9% – 9.5% annual return;
The loan has full surety issued by another company of the shareholder that is in business for almost 30 years;
The maximum loan-to-value (LTV) for the whole project is 70%;
According to the reports of an independent appraiser, the value of the property has increased from EUR 538,000 to EUR 1,337,000 over 10 months.
InRento team presents a fourth stage of buy-to-let project – Bajorai, Vilnius IV. The investment offer consists of a house with a land plot located 20 minutes away by car from Vilnius Old Town.
The address of the property is Paukščių Tako St. 20, Vilnius. The 568 m² house has been used efficiently, with 18 apartments created ranging from 17 to 44 m². The project is oriented towards rental and future realisation of the property.
According to the reports of an independent appraiser, the value of the property has increased from EUR 538,000 to EUR 1,337,000 over 10 months.
This change is due to the insulation of the roof, the installation of new sewerage and electrical wiring. Individual meters have been installed for both electricity and water. At the same time, the windows of the building were replaced and the facade of the building was insulated and renovated. The building is divided into 18 separate apartments.
Currently, the building is being renovated and outdoor parking slots are being created, the staircase walls are being painted and the armoured doors are being fitted
The project owner expects to generate profit (capital gains) of EUR 150,000, which would be then split between the project owner and the investors.
Investors will be paid a fixed interest rate of 9% – 9.5% per annum, depending on the amount invested.
The project allows investors to earn a return on variable capital gains if the property is sold for profit. 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's stage is 13 months. The maximum LTV for the whole project is 70%.
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.