Reasons to invest in the project R34, Vilnius IV:
The rental project is located in an attractive and promising part of Vilnius city, close to the Old Town;
Variable capital gains – investors' share of profits is 30%
Interest is paid monthly with an attractive annual return of 9.5% – 10%;
The project owner's obligations are fully guaranteed by a company that has been operating for more than 30 years;
The maximum loan-to-value (LTV) ratio for the entire project is 70%;
According to the reports of an independent appraiser, the value of the financed object has increased from EUR 1,119,000 to EUR 1,363,000 within 5 months.
The InRento team presents a fourth stage of the buy-to-let project: R34, Vilnius IV. The investment offer consists of a house with land located near the Vilnius Old Town in one of the most promising Vilnius neighbourhoods – Markučiai, at Ramunių str. 34.
The project will efficiently use the house area of 717.70 m² by developing up to 30 residential units. The fit-out works will be carried out according to modern standards. Ground-level parking spaces are planned to be provided in the vicinity.
This project is oriented towards rent and future realisation of the property.
According to the reports of an independent appraiser, the value of the financed object has increased from EUR 1,119,000 to EUR 1,363,000 within 5 months.
This change is due to the replacement of the building's windows, the insulation of the roof and the reconstruction of the partitions, which will allow the building to provide up to 30 residential units. The project owner has also started renovation and insulation works on the facade of the building.
The project owner's expected profit (capital gain) from selling all the assets shall amount up to EUR 330,000, which would be shared between the project owner and the investors.
The investors' share of the capital gain is up to 30%. Please note that investors are subject to an accounting tax on the capital gains, which depends on the amount invested. The higher the amount invested, the lower the tax rate. See the table below for more information.
Investors will be paid a fixed interest rate of 9.5% to 10% annually, depending on the amount invested.
The maximum loan duration for this project is 21 months.
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.