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Unfortunately, this deal expired 18.06.2024
5 months ago
8

Apartment A, Rotundo Street, Vilnius

290,000 
/ min. 100 

Business Lending

The investment project "Apartment A, Rotundo Street, Vilnius" from the country Lithuania is raising investments in the amount of 290,000 euros for Working capital with an expected annual return of 8-10%. The minimum investment amount is 100 euros.

The loan term is 6 months, which means 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 6 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 34%. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00001247 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform states that it 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 the Profitus platform and also recommend approaching investing responsibly by diversifying investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.

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