M10 Co-living, Vilnius XIII

Vilnius
Funding stages
Available for funding: €0
 
€36 000
60 investors

The annual return indicates the fixed-interest rate, or what investors shall earn in percentages. Percentage may depend on amount of the investment. To see specific returns please enter investment amount above.

Annual fixed-return rate:
8-8.3%

This number indicates what part of the profit share you would earn when the property is realized for profit. More information can be found by scrolling below to the project description.

Profit share from capital gain:
30%

Shows amount that you are expected to earn during one year of investment. Earnings are automatically calculated when you enter the investment amount above.

Earn:
-

Total expected
earnings:

Total expected
earnings:

-
Reasons to invest in the project M10 Co-living, Vilnius XIII:

Co-living project with children's playground and surface parking spaces;

Variable capital gains - investors' share of profits is 30%;

Interest is paid monthly to investors with an attractive annual return of 8% – 8.3%;

In this project a total of 11 apartments have been sold, which have already generated a total capital gain of EUR 48,430 for the investors;

Experienced project owner with extensive experience in the microflat segment;

The loan-to-value (LTV) ratio for this project is 70%;

According to the independent appraiser’s reports, the value of the property has increased from EUR 1,221,000 to EUR 2,265,000 in 15 months.

The InRento team presents the thirteenth stage of the buy-to-let project – M10 Co-living, Vilnius XIII. The investment offer consists of two buildings and a plot of land located just 15 minutes by car from Vilnius Old Town at Mokyklos Str. 10A, Galgiai, Vilnius district.

The funding includes a plot of land of 0.29 Ha and two buildings with a total area of 1612.66 m². The first stage of this project was financed on the InRento platform back in May 2023. During this period, twelve additional phases have been funded for a total amount of EUR 1,612,900.

plot of land of 0.29 Ha and two buildings with a total area of 1612.66 m². he first stage of this project was financed on the InRento platform back in May 2023. During this period, twelfth phases have been funded for a total amount of EUR 1,612,900. 

The project owner is successfully paying interest to investors every month. During this period, 11 apartments were sold, which have already generated a total capital gain of EUR 48,430 for the investors.

According to the independent appraiser’s reports, the value of the property has increased from EUR 1,221,000 to EUR 2,265,000 in 15 months. 

A total of 31 housing units are planned for these buildings, of which 14 will be one-room apartments, 12 will be two-room apartments, and 5 will be three-room apartments. In addition, a children's playground and surface parking spaces are planned in the nearby area. The project is focused on long-term rent and future sales.

The project owner, Linas Ginaitis, successfully manages several buy-to-let projects on the InRento platform and does not have a single late project.

Investors will be paid a fixed annual interest of 8% – 8.3% depending on the amount invested. 

The project allows investors to earn a return on variable capital gains (profit share) when the property is sold at a higher price. The investors' share of the profit (capital gains) up to 30% (please refer to Annex No. 5 of the Special Terms & Conditions for additional information.).

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 ratio. See below for more details.

Please note that the mortgage agreement for this project is already 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.

2024-12-19

The project – M10 Co-living, Vilnius has been partially realized.

Investors were repaid EUR 37,971.59 for Stages I to XII. However, no reimbursement was made for Stage XIII, as the property sale agreement was concluded before this phase's financing date.

The payments were distributed together with the variable capital gains totalling EUR 4,208.41 from this partial return.

2024-11-20

The project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid EUR 126,128 for all twelve project stages.

The payments were distributed together with the variable capital gains totalling EUR 10,761.50 from this partial refund.

2024-10-15

Please be informed that the project – M10 Co-living, Vilnius has been partially realized.

Investors have been repaid a total of EUR 48,398 for all twelve stages of the project.

The payments were distributed together with the variable capital gain, which totaled EUR 3,480.48 from this partial refund.

2024-08-29

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 55,443 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-20

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 43,775 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-08-08

Please be informed that one of the apartments with partial finishing has been sold in the M10 Co-living, Vilnius project.

To the investors who invested in stages I-X, an amount of EUR 61,838 was returned. No reimbursement was made to the investors in stage XI, as the property sale agreement was concluded before this phase's financing date.

2024-06-10

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized. A total of EUR 34,097 was repaid to the Investors for all financing stages.

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting fees was 17.3%.

2024-05-28

Please be informed that due to an issue on the part of the payment operator, the transfers of 27 May were incorrectly processed. 

Some payments will be cancelled and the new ones will be processed within the next two working days.  

We apologise for the inconvenience.

2024-05-27

Please be informed that the rental project – M10 Co-living, Vilnius has been partially realized.

This time the sale of one property unit was successful. Currently, the project has a total of three real estate units. Investors have received a total investment return of EUR 42,278 for all financing rounds. 

This project has a variable capital gain. Depending on the amount invested, the average return on net capital gains (ROI) for investors after accounting tax was 17.17%. 

The disbursement of funds is currently underway and will be distributed within 1 business day. 

2023-09-25

Please be informed that the property rental project – M10 Co-living, Vilnius has been partially realized.

The sale of two property units has been successfully completed. Investors for I-IV stages of a project in total 38,115.33 € of principal was repaid. This project has variable capital gains. 

Depending on the amount invested, the return to investors (ROI) ranged from 23.54% to 35.34%. 

The disbursement of funds is currently underway and will be distributed within 1 working day. We plan to present the new stage of funding for this project this week.

2023-06-09

We would like to inform you that the mortgage on the project’s – M10 Co-living, Vilnius assets, has been successfully placed (the document is attached in the documents section).

The first interest payment for this project will be distributed next month.