Reasons to invest in the project V18, Vilnius I:
Located in Naujamiestis, a rapidly developing central part of Vilnius;
2,702 m² premises on the third through sixth floors of the building;
Variable capital gains – up to 30% investor profit share;
Expected profit from apartment sales reaching up to EUR 700,000;
Interest is paid monthly with an attractive 10.25% – 11.5% annual return;
Experienced project owner focusing on real estate conversion projects in rapidly growing areas of Vilnius;
Loan-to-value (LTV) ratio for this stage – 39%, maximum project LTV ratio – 70%;
An independent appraiser has valued the project assets at EUR 7,242,000.
The InRento team presents a project – V18, Vilnius I, located in one of the fastest-growing districts of Vilnius – Naujamiestis, at Vytenio St. 18.
The investment offer consists of 2,702 m² premises in a renovated building with two elevators. The funds will be used to purchase and fit out the premises. Once the premises have been fitted out, it is planned to manage and sell them.
The premises occupy the third through sixth floors of the building. Roof windows on the top floor provide natural lighting and allow for optimal space planning without losing usable space.
It is planned to create 84 apartments, each equipped with all necessary utilities, including electricity, water, and sewage. This will allow the premises to be easily adapted for both residential and commercial use. At the same time, the project owner is planning to create up to 30 storage rooms.
The project's key competitive advantage is its attractive location – just a 15-minute walk from the historic Old Town of Vilnius and only 5 km from Vilnius Airport. This indicates convenient transport links in a rapidly growing part of the city, close to innovation centres such as Cyber City, Tech Zity, and Vinted.
The project owner is Vytenio turtas, UAB. The company's director, Albertas Šlajus, has been working in the real estate sector for over ten years and has extensive experience in implementing real estate investment projects. A. Šlajus specialises in the acquisition, conversion, and sale of real estate, focusing on high-demand segments in the rapidly growing districts of Vilnius.
A. Šlajus, successfully operates similar projects financed on the InRento platform: R34, Vilnius, Forest 22, Vilnius, Bajorai 20, Vilnius, D31, Vilnius. A. Šlajus this year alone has realised almost 1,000 m² in these projects, and each sq/m generated EUR 550 gross profit on average. The profitability of the projects, monthly interest payments, and partial loan repayments demonstrate the attractiveness and liquidity of these projects and the project owner’s ability to effectively manage workflows.
According to Ober-Haus data from July 2025, the average price of a renovated two-room apartment in the Naujamiestis district is approximately EUR 3,575 per square meter. Naujamiestis remains one of the most attractive investment areas in Vilnius. The price level, especially in the 1-2 room segment, reflects a thriving market, and the relatively stable rental returns allow for sustainable and reliable investment returns.
The project owner's profit from selling all the apartments is expected to be up to EUR 700,000, which will be split between the project owner and the investors.
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) is up to 30%. Please note that investors are subject to an accounting fee on capital gains, which depends on the amount invested – the higher the amount invested, the lower the accounting fee.
Investors will be paid a fixed interest rate of 10.25% – 11.5% per annum, depending on the amount invested.
The maximum loan duration for this project is 24 months.