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This deal expires on 01.08.2025
18 hours ago
8

Alchemists Square, Kedainiai III

147,000 
/ min. 100 

Crowdfunding

The project Alchemists Square, Kedainiai III from Lithuania is seeking investments amounting to 147,000 euros with the aim of refinancing and an expected annual return of 8.5-9.1%. 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 61%, which is within the established maximum value of 68%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.

The internal project number is P00001414-3 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 at the beginning of 2024, only 150 managed to obtain this license.

Please note that the platform specifies that this information should not be construed as a recommendation, indication, 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 investing responsibly by diversifying your investments. In the European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Do you guys think it's worth investing in this project aimed at refinancing from Lithuania?
What amount do you consider optimal to invest in this project?