The InRento team presents a new investment opportunity – S10, Vilnius I project, located in the Naujamiestis district – one of the most actively developing central areas of Vilnius, consistently attracting strong residential and investment demand.
The location offers strong connectivity, with Vilnius Old Town within 3 km, multiple public transport stops within 300 m, and immediate proximity to major retail, services, and business infrastructure.
The investment involves the acquisition of 285.90 sq. m. of existing commercial premises on the second floor of a mixed-use building. The project aims to change the designated use and convert the space into 8 residential loft-type apartments through reconstruction.
To address diverse buyer demand and manage sales risk, two finishing concepts are planned: 4 loft apartments will be delivered with a partial fit-out, while the remaining 4 will be sold fully fitted out and ready to occupy.
In addition to monthly interest payments, investors have the opportunity to participate in the project's profit share – up to 30% of the project's net profit will be distributed to investors as an additional return upon realisation.
Upon completion and full realisation of the project within a maximum period of 24 months, the expected sales profit amounts to up to EUR 350,000.
Project owner – Mikrobiurai, MB. The company's director, Linas Ginaitis, has extensive experience in the acquisition, conversion, and sale of residential and commercial properties.
L. Ginaitis successfully manages several projects on the InRento platform: P141, Vilnius, M10 Co-living, Vilnius, City Hotel, Vilnius and P53, Vilnius. Among the projects previously financed on the InRento platform, S7, Vilnius and M8, Vilnius have already been successfully realised.
The project is secured by a first-rank mortgage on project assets and a surety agreement, with a loan-to-value (LTV) ratio of 62%. It offers investors fixed monthly interest of 9.75% – 11% p.a. together with a profit share of up to 30% upon the final realisation of the property.
The maximum loan duration for this project is 24 months.
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) until 30%.
Please note that investors are subject to an accounting tax on capital gains, which depends on the amount invested – the higher the amount invested, the lower the tax rate.
Read full information on pricing on this link.
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.
Project payments table will be generated after the first payment by project owner is paid.