Reasons to invest in the project V4, Vilnius I:
New apartment with a parking slot and storage room near central Vilnius Business District (CBD);
Experienced project owner – successfully managing 10 similar buy-to-let projects on the InRento platform;
Interest paid monthly with an attractive annual return of 8.5% – 9%, plus an additional fixed annual capital gains: +1.5% (paid at the end of the project);
Fixed interest linked (indexed) to inflation;
Loan to Value (LTV) for this phase is 75%, maximum LTV for the whole project is 75%;
An independent appraiser valued the property and additional collateral at a combined value of EUR 214,999.
The InRento team presents a new buy-to-let project: V4, Vilnius I. The investment offer consists of a brand new apartment with an underground parking slot and bicycle storage in a newly developed apartment complex near the Central Business District, Veprių St., 4, Vilnius.
The area of the financed apartments with partial finishing is 44.46 m². The first financing stage finances the acquisition of the property, followed by a second financing stage, which will be directed towards paying contractors for installation work.
Vilnius CBD is a modern business district located on the northern bank of the Neris River. The surrounding area, Šnipiškės, expands every year and implements large-scale projects. In the past 10 years, significant changes have occurred in Šnipiškės, and thousands of square meters of new business centre area, residential quarters, and public spaces have been built and developed.
This project is focused on long-term rent. After the fitting-out works, the rental income of this three-room apartment with an underground parking slot and bicycle storage room is expected to be EUR 1,200 per month.
Baltic Real, MB, is the project owner of this project. The company successfully administers 10 similar buy-to-let projects on the InRento platform.
Investors will be paid a fixed interest rate of 8.5% – 9% per annum each month, depending on the amount invested. This project also has a fixed annual capital gains of 1.5%, which is paid at the end of the project. This raises the total yield of this phase to between 10% and 10.5% annual return.