The InRento team presents a new buy-to-let project P4, Vilnius, located in Vilnius Old Town at Pylimo st. 36.
The goal of the project is the purchase of the property to be used as a short-term rental. The 52.54 sq. m. apartment is fully furnished and renovated in a modern style, has two bedrooms, and is already generating income from short-term rentals, making the property attractive not only for its location but also for its income stream.
Vilnius Old Town is the city’s main tourist and business hub, drawing steady visitor traffic year-round. The apartment is within walking distance of the Old Town’s key sights, restaurants, and cafes, with convenient public transport connections to the airport, central train station, and main business districts. The combination of tourist appeal and excellent central connectivity underpins consistent short-term rental demand and supports the property’s income potential.
Investing in this project allows you to take advantage of the benefits of this location – the project offers Timeshare. Investors are offered the opportunity to stay in these apartments free of charge under conditions below description.
Project owner – Ryto projektas, UAB, managed by Daumantas Mikučionis, who administers more than 60 apartments in Lithuania and abroad under the Domilion brand. His services have earned more than 10,000 positive reviews from users on Airbnb.
Ryto projektas, UAB already manages projects successfully financed on the InRento platform, including Žemaitijos 1, Vilnius, L4, Vilnius, Didžioji 11, Vilnius, Vokiečių 10, Vilnius and Town Hall 39, Vilnius. The project owners also successfully realised projects financed on the InRento platform – Žemaitijos 3, Vilnius.
The project is secured by a first-rank mortgage on the project assets, with a maximum loan-to-value (LTV) of 75%. The project offers investors a fixed monthly interest of 6.5 – 7.75% p.a., along with fixed capital gains of 1.5% p.a., paid at maturity. This results in a total gross profitability ranging from 8% to 9.25% p.a.
The maximum duration of the 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.