Apartment Grendaves st. 68, Vilnius

The investment project "Apartment Grendaves st. 68, Vilnius" from Lithuania is raising investments in the amount of 201,600 euros with the aim of refinancing and an expected annual return of 9.3-11.3%. 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 68%, which is within the established maximum value of 70%. 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 P00001288 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 were able to obtain this license.

Please note that the platform states that this information cannot 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 involves the risk of losing part or all of the investments. I agree with the Profitus platform and also recommend approaching investing responsibly by diversifying your investments.