Reasons to invest in the project V4, Vilnius II:
New apartment with a parking slot and storage room near central Vilnius Business District (CBD);
Interest is paid monthly at an attractive rate of 8% – 8.2% per annum plus an additional fixed annual capital gains of 1.5% (payable at the end of the project);
Project owner has successfully realised and currently administered by similar buy-to-let projects financed on the InRento platform;
Fixed interest linked (indexed) to inflation;
The maximum loan-to-value (LTV) ratio for this project is 75%
According to the reports of an independent appraiser, the value of the property has increased from EUR 214,999 to EUR 260,999 over 8 months.
The InRento team presents the second stage of buy-to-let project: V4, Vilnius II. The investment offer consists of a brand new apartment with an underground parking slot and bicycle storage in a newly developed apartment complex near the CBD (Central Business District), Veprių St., 4, Vilnius.
The area of the apartment is 44.46 m. The first stage, which took place almost 7 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 214,999 to EUR 260,999 over 8 months.
Vilnius CBD is a modern business district located on the northern bank of the Neris River. The surrounding area, Šnipiškės, expands every year and implements large-scale projects. In the past 10 years, significant changes have occurred in Šnipiškės, and thousands of square meters of new business centre area, residential quarters, and public spaces have been built and developed.
This project is focused on long-term rent. The rental income of this three-room apartment with an underground parking slot and bicycle storage room is expected to be EUR 1,200 per month.
Project owner – Baltic Real, MB. The company has successfully realized and currently administering by similar buy-to-let projects financed on the InRento platform.
Investors will be paid a fixed interest rate of 8% – 8.2% per annum each month, 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 yield of this phase to between 9.5% and 9.7% annual return.