Reasons to invest in the project Town Hall 39, Vilnius I:
An exceptional location – apartments located just 200 meters from one of Vilnius main attractions – Town Hall;
Financed a three-bedroom apartment – already generating income from short-term rental;
The apartment is expected to generate an average income of EUR 54,834 per year;
Monthly interest payments with an attractive annual return of 6.5% – 7.75% plus an additional fixed annual capital gains of 1.5% (payable at the end of the project);
Experienced project owner managing more than 60 apartments in Lithuania and abroad under the brand Domillion;
The maximum loan-to-value (LTV) ratio for this project is 75%;
An independent appraiser has valued the financed property at EUR 647,000.
The InRento team presents a new buy-to-let project: Town Hall 39, Vilnius I. The investment offer consists of a unique three-bedroom apartment spread over two floors in a prestigious location in Vilnius Old Town, at Didžioji str. 39, Vilnius.
The uniqueness of this project lies in its location. The apartment is located just 200 meters from one of the city's main attractions, Vilnius Town Hall.
The aim of the project is to purchase apartments for short-term rental. The 108.93 m² apartment is fully furnished, has three bedrooms, features an exceptional interior, and is already generating income from short-term rentals, making the property attractive not only for its location but also for its income stream.
This apartment is expected to generate an average income of EUR 4,570 per month or EUR 54,834 per year. Vilnius Old Town is one of the most visited places in the city and the country. The short-term rental market remains active throughout the year, while a steady flow of tourists and growing demand ensure high occupancy rates and create favorable conditions for this type of investment to generate stable long-term income.
According to Airbnb data, the average price for a night in a similar apartment in Vilnius Old Town is around EUR 200. The apartment’s location is particularly attractive to tourists, and the constant flow of visitors ensures high apartment occupancy throughout the year.
Investing in this project allows you to take advantage of the benefits of a prestigious location – the project offers “Timeshare”. Investors are offered the opportunity to stay in these apartments free of charge when investing from EUR 15,000 (more information at the bottom of the project description).
Investors will receive a fixed monthly interest rate of 6.5% – 7.75%, 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 project yield from 8% to 9.25% annual return.
Investment rating: A (lowest risk).