The investment project "Apartment K31-39, Vilnius" from Lithuania is raising investments in the amount of 101,842 euros for Real Estate acquisition with an expected annual return of 7.3-9.3%. The minimum investment amount is 100 euros.
The loan term is 12 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 12 months after receiving the loan.
The project's risk level on the platform is indicated as A-. The platform's website states that there are 10 different risk ratings - from "A+" to "D". Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the return will be correspondingly lower if you invest in projects with a lower risk level.
The project has a Loan-to-Value (LTV) ratio of 66%.
The internal project number is P00001219 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, the platform states that this information 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 Profitus platform and also recommend approaching investment responsibly by diversifying your investments.
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