The Apartment K29-3, Vilnius project from Lithuania is seeking investments amounting to 108,381 euros for re-acquisition with an expected annual return of 7.9-9.9%. The loan term is 6 months, indicating 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 6 months after receiving the funds.
The project has a Loan-to-Value (LTV) ratio of 70%, which falls within the established maximum value of 70%. The internal project number is P00001277 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.
Please note that the platform specifies 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 European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.
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