The InRento team presents a sixth stage of the buy-to-let project: R34, Vilnius VI. 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 28 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 2,053,000 within 9 months.
This change is due to the replacement of the building's windows and roof, insulation works performed on the walls and roof, installation of underfloor heating, wiring of electrical systems, as well as the completion of partition works which allow to create 28 residential units. At the same time, doors were installed, tiles were laid in the corridors, and the walls were prepared for painting. Landscaping works are nearing completion, and the utility building has been renovated.
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 17 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.
Investors will be paid a fixed annual interest of 9.5% – 10% depending on the amount invested.
The project allows investors to earn a return on variable capital gains if the property is sold at a higher price. The investors' share of the profit (capital gains) until 30%. Please note that investors are subject to an accounting tax on capital gains, which depends on the amount invested – the higher the amount invested, the lower the tax rate.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 59,271,42 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 3,697.97.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 66,301.71 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 1,516.41.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 44,275.88 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 7,214.62.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 45,429.57 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 2,563.03.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 77,248.62 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 7633.45.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 153,313.98 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 11,201.17.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 48,772.61 for all project stages.
The project – R34, Vilnius has been partially realised.
Investors have been repaid EUR 47,260.80 for all project stages.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 98,769.14 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 6,908.27.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 94,043.62 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 8671.76.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 111,057.15 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 8,109.80.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 105,716.75 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 9,151.38.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 218,486.09 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 8,998.26.
The project – R34, Vilnius has been partially realized.
Investors have been repaid EUR 153,773.94 for all project stages.
The payments were distributed together with the fixed capital gains totalling EUR 14,329.75.
The project – R34, Vilnius has been partially realised.
Investors have been repaid EUR 56,392.47 for all project stages.
The payments were distributed together with the variable capital gains totalling EUR 11,167.51.
The project – R34, Vilnius has been partially realised.
Investors have been repaid EUR 55,666.02 for all project stages.
The payments were distributed together with the variable capital gains totalling EUR 6,490.27.
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).