The InRento team presents a new investment opportunity – the R50, Vilnius I project, located at Rasų g. 50A, Vilnius.
The project comprises a two-storey building with a basement and an attic, with a total area of 1,727.89 sq. m.
The goal of the project is to acquire the building and convert it into separate apartments. The property will be reconfigured into 55 apartments of up to 60 sq. m., together with storage units on the lower level. Following the conversion, the apartments will be sold individually to private buyers, and the proceeds from the sales will be used to fulfil the project's obligations, including the repayment of investors' funds.
The project is located in Rasos district, a quiet, low-density residential district on the south-eastern edge of central Vilnius – green and private, yet minutes from the city centre. The setting is defined by nature and heritage rather than commerce, bordering a protected river-valley park and the historic Rasos Cemetery. Everyday shopping is a short drive away, while the full range of restaurants, shops and cultural institutions is concentrated in Vilnius Old Town, approximately 10 minutes away by car. The central railway station is within the same distance, and Vilnius Airport is reachable in 10–15 minutes.
For our platform’s investors, this project offers an opportunity to finance the conversion of an existing building in one of Vilnius' most attractive residential settings, earning fixed monthly interest secured by a first-rank mortgage at a conservative loan-to-value ratio.
Project owner – DN Projektai, UAB. The company's 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, V18, Vilnius, Old Town 25, Vilnius and Lake 16, Trakai. Several projects financed on the InRento platform and managed by A. Šlajus have already been successfully realised: Forest 22, Vilnius, R34, Vilnius and Bajorai 20, Vilnius.
The project is secured by a first-rank mortgage on the project assets and a surety, with a loan-to-value (LTV) ratio of 49% (max. 70%). The project offers investors fixed monthly interest of 9.75–11% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity. This results in a total gross profitability ranging from 11.25% to 12.5% p.a.
The maximum loan duration for this project is 24 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.
The profit margin is payable whether or not the Loan is repaid on the sale of the property.
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.