Reasons to invest in the project M20, Vilnius:
The apartment is located in the central part of Vilnius city;
Experienced project owner – has successfully realised and continues to manage several similar buy-to-let projects on the InRento platform;
Interest of 8% – 8.5% is paid monthly, plus fixed annual capital gains of 1.5% (paid at the end of the project);
The loan-to-value (LTV) ratio of this project is 75%;
An independent appraiser valued the apartments with an underground parking slot at EUR 208,000.
InRento team presents a new buy-to-let project – M20, Vilnius. The investment offer consists of an apartment with an underground parking slot in the central part of Vilnius – Manufaktūrų St. 20.
The area of the financed property is 40.26 m². The financing will be used to acquire the apartment, which will be renovated later to increase its attractiveness in the market.
This project is oriented towards both long and short-term rentals. After the renovation, it is expected to generate a monthly rental income of EUR 1,200.
The project owner is Baltic Real, MB. The company has successfully realised and continues to manage several similar buy-to-let projects on the InRento platform.
Investors will be paid a fixed annual interest of 8% – 8.5% each month, depending on the amount invested. This project also has fixed annual capital gains of 1.5%, payable at the end of the project.
This raises the total yield of this phase to between 9.5% and 10% annual return.
The maximum duration of the project is 36 months.