The project "Apartment, Karaliauciaus st. 29-39 Vilnius" from Lithuania is seeking investments amounting to 112,581 euros for re-acquisition with an expected annual return of 7.9-9.9%. The loan term is 6 months, meaning 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 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 collateralized lending. In this case, an LTV of 70% indicates that the loan amount is 70% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001279 on the licensed crowdfunding platform Profitus from Lithuania. 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 should not be 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 investments responsibly by diversifying your portfolio.
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