Duplexes on Paneriu Street, Kaunas

Projekti "Duplexes on Paneriu Street, Kaunas" from Lithuania is looking for investments totaling 330,000 euros with the aim of real estate acquisition and an expected annual return of 8-9%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning the period for the borrower to repay the principal amount and interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the funds.

The project has a Loan-to-Value (LTV) ratio of 55%, which falls within the established maximum value of 85%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing.

The internal project number is P00001365 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA.

Please note, the platform states that this information should not be construed as a recommendation, advice, or invitation to use a specific investment service and is not considered the basis or part of subsequent transactions. Investing always carries the risk of losing part or all of the investments. I agree with Profitus platform and also recommend approaching investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.