B2, Vilnius II
Reasons to invest in the project B2, Vilnius II:
- The apartment is surrounded by nature, located in Burbiškės Forest Park, Vilnius;
- Linas Ginaitis – experienced project owner successfully managing several buy-to-let projects on InRento platform;
- Interest paid monthly with an attractive annual return of 9% – 9.2%, plus an additional fixed annual capital gains: +1.5% (paid at the end of the project);
- Maximum loan-to-value (LTV) ratio for the whole project is 70%;
- According to the reports of an independent appraiser, the value of the property has increased from EUR 116,000 to EUR 191,000 over 7 months.
InRento team presents a second stage of buy-to-let project – B2, Vilnius II. The investment offer consists of an apartment in the newly developed apartments complex surrounded by Burbiškės Forest Park at Bartų str. 2, Vilnius.
The area of the apartment is 39.17 m. The first stage, which took place almost 5 months ago, financed the acquisition of the property. All the fitting-out work has been completed, so the second stage is financed to pay the contractors.
According to the reports of an independent appraiser, the value of the property has increased from EUR 116,000 to EUR 191,000 over 7 months.
Burbiškės Forest Park is home to wild walking, cycling and jogging trails. Surrounded by nature, this apartment is just a 10-minute drive from Vilnius Old Town.
This project is focused on long-term rent. The rental income of this apartment is expected to be EUR 890 per month.
Investors will be paid a fixed interest rate of 9% – 9.2% per annum each month, depending on the amount invested. This project also has a fixed annual capital growth rate of 1.5% which is paid at the end of the project. This raises the total yield of this phase to between 10.5% and 10.7% annual return.
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.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% applies.
2024-09-23
The mortgage agreement with the project owner has been successfully concluded and registered (the document can be found in the "Documents" section of the project description).
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Vilnius Lithuania