Reasons to invest in the project S7, Vilnius RF:
Experienced project owner who has successfully developed similar projects in Vilnius;
Modern and comfortable lofts are oriented towards short-term rentals;
Interest is paid monthly with an attractive annual return of 7.8% – 8.3% plus an additional fixed annual capital gain of +1.5% (payable at the end of the project);
Fixed interest linked (indexed) to inflation;
Loan-to-Value (LTV) ratio for this project is 44%;
The independent appraiser valued the financed project at EUR 229,000.
The InRento team presents a buy-to-let project – S7, Vilnius RF. The investment offer consists of two fully furnished studio lofts in the city's central part at Švitrigailos St. 7, Vilnius.
The financing of this project is directed towards refinancing another project on the InRento platform – S7, Vilnius.
The S7, Vilnius project consisted of 249.51 m² of space divided into 13 separate units. In less than three years, 11 studio lofts were sold, and outstanding principal amounts were paid to the investors.
According to the independent appraiser’s reports, the studio loft of 28.03 m² is valued at EUR 115,000, while the studio loft of 27.84 m² is valued at EUR 114,000. The loan-to-value (LTV) ratio of this project is very attractive at 44%.
The project owner, Linas Ginaitis, has successfully administered several similar projects financed on the InRento platform, several of which have been fully and partially realised.
Investors will be paid a fixed interest rate of 7.8% – 8.3% per annum, depending on the amount invested. This project also has a fixed annual capital gain of 1.5%, payable at the end of the project. This raises the overall yield of the project from 9.3% to 9.8% annual return.
The maximum duration of the project is 24 months.
This is the lowest level A-risk project.