The InRento team presents a new investment opportunity, Lake 16, Trakai I, located in one of Lithuania's most scenic and visited regions – surrounded by lakes and nature parks.
The complex is positioned on the shores of Lake Margis, it has direct access to the water and is one of the most sought-after recreation areas in the Trakai district – valued for its peace, privacy and exceptional natural harmony. Trakai town is reachable in approximately 10 minutes, and Vilnius in under 50 minutes by car.
The project consists of 1,298.88 sq. m in the main recreation building and 405.68 sq. m across four additional structures, resulting in a combined built area of 1,704.56 sq. m on a 29,798 sq. m. plot.
The objective of the project is to convert the existing premises by redesigning the layout and forming apartments, which will be sold as separate units. In total, it is planned to create 48 individual apartments with an average size of approximately 40 sq. m.
The project is also attractive to investors due to the opportunity for a profit share – up to 30% of the project's profit, which, in addition to the monthly interest payments, would be distributed to investors as an additional return.
According to the project owner's preliminary sales plan, upon completion and full realisation of the project within a maximum period of 24 months, the expected sales profit is up to EUR 640,000.
The company's Margio Vilos, UAB 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 successfully operates similar projects financed on the InRento platform: D31, Vilnius, R34, Vilnius, V18, Vilnius and Old Town 25, Vilnius. Also, several projects financed on the InRento platform and managed by A. Šlajus were already successfully realised: Forest 22, Vilnius and Bajorai 20, Vilnius.
All of these projects were implemented with a profit share, demonstrating the project owner’s ability to efficiently execute and successfully realise this type of conversion and modernisation project.
The project is secured by a first-rank mortgage on project assets and a surety agreement, with a loan-to-value (LTV) ratio of 44% (max. 70%). 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.