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Unfortunately, this deal expired 04.05.2024
1 month ago

Apartment K31-15, Vilnius

/ max. 99,530 

About This Deal

The project Apartment K31-15, Vilnius from the country Lithuania is raising investments in the amount of 99530 euros for Real Estate acquisition with an expected annual return of 7.3-9.3%. The loan term is 12 months, meaning the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project's risk level on the platform is rated A-. Projects with ratings "A+", "A", "A-" constitute about 9% on the platform, while projects with ratings "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings "C+", "C", "C-", comprising around 30%, and the remaining projects have a rating of D. Ratings A and B indicate lower investment risk compared to investing in credits with ratings C or D, but the returns will be lower accordingly when investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 65%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in secured lending. In this case, an LTV of 65% indicates that the loan amount is 65% of the current market value of the collateral (likely real estate or another asset). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for 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 P00001222 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 managed to obtain this license. Please note that the information on the platform cannot 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 the Profitus platform and also recommend approaching investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey guys, what do you think are the key factors that make investing in this project in Lithuania a smart move?
What amount are you considering to invest in this project?
Прикольный объект, хотелось бы подробностей о нем