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Unfortunately, this deal expired 06.08.2024
2 months ago
9

Alchemist's Square II

130,000 
/ min. 100 

Real Estate Crowdfunding

The Alchemist's Square II project from Lithuania is raising investments of 130,000 euros for Real Estate development with an expected annual return of 9-11%. The minimum investment amount is 100 euros.

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

The project has a Loan-to-Value (LTV) ratio of 49%, which is within the established maximum value of 50%.

The internal project number is P00001260-2 on the licensed crowdfunding platform Profitus from Lithuania. The platform states that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. The ESMA license is quite complex, as out of over 1000 platforms in Europe in early 2024, only 150 managed to obtain this license.

Please note, the platform specifies that this information should not be construed as a recommendation, advice, or invitation to use a specific investment service and should not be 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 European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.

Hey guys, what do you think about throwing some cash into this Real Estate development project in Lithuania? Is it a solid move or just another risky venture? Let's discuss and make some moves!
Are you open to considering investing in this project at all, and if so, how much?