12 Apartments, Kaunas III
Reasons to invest in the project 12 Apartments, Kaunas III:
- Attractive Returns: 9.25% – 10.5% p. a., paid monthly;
- Fixed Capital Gains: 1.5% p. a., paid at maturity;
- Rental Demand: expected rental income of EUR 75,600 annually;
- Collateral Value: EUR 979,000 (independent appraisal);
- Loan-to-Value Ratio (LTV): 48% (max. 70%);
- Project Owner: over 10 years of experience in real estate development and leasing.
The InRento team presents the third financing stage of the buy-to-let project 12 Apartments, Kaunas III. The investment offer consists of 12 apartments located on one of the main streets of Kaunas, at the address: Savanorių pr. 271, Kaunas.
The project is located in a strategically attractive location, which is highly visible and easily accessible. The total area of the financed premises is 413.51 sq. m.
The aim of the project is to renovate and prepare the apartments for long-term rent. Renovation works will include repairing all internal engineering systems, the redesign of the layout of the apartments, and a complete interior reconstruction to create 12 functional apartments that meet modern standards.
Since the first stage of financing preparation works are done, along with the installation of partition walls for each apartment, electrical and plumbing inputs installed.
All apartments will be adapted for long-term rent, targeting working-class people, business clients, and students. It is estimated that these 12 apartments will generate an average of EUR 6,300 per month or EUR 75,600 per year.
According to Ober-Haus data for 2024 and 2025, rental prices in the Žaliakalnis district of Kaunas have increased and remained relatively high. Long-term rentals for one-room apartments reached up to EUR 530, and for two-room apartments up to EUR 750 per month. Limited supply and high demand indicate the attractiveness of this district for both residents and investors.
The project owner has been specializing in real estate development, construction, and leasing for over 10 years. Its main activities include the construction and leasing of residential and commercial buildings, ensuring high project quality and long-term property value retention. The company is successfully implementing other projects financed by the InRento platform – 46 Lofts, Kaunas and Liberty 72, Kaunas.
Investors will receive a fixed monthly interest rate of 9.25% – 10.5%, 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 10.75% to 12% annual return.
The maximum duration of the project is 20 months.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 20 months, a fixed return of 2.5% applies.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
Read full information on pricing on this link.
2026-03-26
Following the stabilisation of the cash flow, the project owner has successfully settled all outstanding amounts, including late monthly interest and accrued late payment penalties.
The project owner continues to actively implement the planned asset realisation and refinancing strategy in order to stabilise cash flow and ensure the timely fulfilment of future obligations. The sale processes for both pledged and other managed assets are ongoing, and discussions with alternative financing institutions regarding refinancing remain in progress.
As previously communicated, the project owner had been experiencing temporary cash flow disruptions. In early December 2025, a preliminary purchase–sale agreement was signed for one of the managed properties, with the intention to fully realise one of the projects on the InRento platform. However, due to circumstances beyond the borrower’s control, the transaction was not completed. This resulted in a temporary liquidity gap and subsequent interest payment delays.
The project remains secured by a first-rank mortgage, with the current loan-to-value (LTV) ratio remaining conservative and not exceeding 70%.
2026-02-20
We would like to inform you that the project owner is currently experiencing cash flow difficulties. In early December 2025, a preliminary purchase-sale agreement was signed for one of the managed properties, intended to fully realise one of the projects on the InRento platform. However, the transaction was not finalised, which affected the project’s cash flow and resulted in late interest payments.
The project is secured by a first-rank mortgage, and the current loan-to-value (LTV) ratio does not exceed 70%.
To stabilise the situation, the project owner is implementing the planned asset realisation strategy. The sale process for both pledged and other managed properties is ongoing to restore liquidity and ensure fulfillment of obligations. In addition, discussions have been initiated with another credit institution regarding potential refinancing of certain projects funded on the InRento platform in order to optimise financial obligations and manage liquidity.
Late payment accrues at a rate of 0.2% per day on the overdue amount in accordance with the loan agreement. If the situation does not improve, enforcement proceedings against the pledged assets may be initiated in line with the applicable security agreements.
2025-06-18
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).
2025-06-05
We would like to inform you that only the project assets used for rent activities will be pledged for this project. Additional engineering structures will not be pledged. For this reason, part of the investments in this project have been cancelled, and the loan amount for the 1st stage has been slightly reduced.
Interest on the 1st stage of the loan will start to accrue on June 4, 2025
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
| Payment date | Type | Payment status | Paid |
|---|---|---|---|
| 26 March 2026 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 702.01 |
| 26 March 2026 | Interest payment | Paid late Payment was received more than 14 days past the due date. Late payment interest is calculated from the first overdue day. | € 702.01 |
| 25 March 2026 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 94.15 |
| 08 January 2026 | Late interest penalties | Paid on time Payment was received by the due date with no delay | € 3.08 |
| 07 January 2026 | Interest payment | Paid late in grace period Payment was made after the due date but within 14 days of it. Late payment interest is calculated from the first overdue day. | € 702.01 |
| 05 December 2025 | Interest payment | Paid on time Payment was received by the due date with no delay | € 623.11 |
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