The InRento team presents a new buy-to-let project – P36, Vilnius. Vilnius, Lithuania’s capital and one of the fastest-growing cities in the Baltics, continues to attract both business and leisure travellers, ensuring strong demand for quality short-term accommodation.
The investment consists of a 55.20 sq. m. fully furnished apartment located in the prestigious Vilnius Old Town, at Pylimo St. 36. The apartment already generates revenue – in 2024, it earned over EUR 33,000 from short-term overnight stays. The aim of the project is to purchase apartment for short-term rental.
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).
Project owner – Pora Capital, UAB is managed by Daumantas Mikučionis, who administers and manages more than 60 apartments in Lithuania and abroad under the brand, Domilion. On the Airbnb platform, you can find thousands of reviews from travellers about his services.
He is also a former consultant at Ernst & Young, having established well-known Lithuanian companies such as 15min and developed the Caffeinn chain.
Project Guarantor – Ryto projektas, UAB also managed by Daumantas Mikučionis, successfully implementing similar projects financed on InRento platform – Žemaitijos 1, Vilnius, Žemaitijos 3, Vilnius, L4, Vilnius, Didžioji 11, Vilnius, Vokiečių 10, Vilnius and Town Hall 39, Vilnius.
This project combines a sought-after Old Town location with a proven income stream, offering investors an attractive and stable opportunity. The project is secured by a first-ranking mortgage and offers investors fixed monthly interest of 7 – 8.25% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity – which raises gross profitability between 8.5% and 9.75% p.a.
The maximum duration of the loan is 36 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 24 months, a fixed return of 3% applies. If the Loan is repaid after 36 months, a fixed return of 4.5% 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.
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).