The project "Apartment on Pae Street, Tallinn" from the country Estonia is seeking investments of 66500 euros for Working capital with an expected annual return of 7.9-9.4%. The loan term is 18 months, meaning the borrower has to repay the loan amount and interest within 18 months after receiving the loan.
The project's risk level on the platform is rated as B+. The platform indicates that there are 10 different risk ratings ranging from "A+" to "D". Ratings A and B suggest that the expected investment risk is lower compared to investing in loans with ratings C or D, but the returns will be lower correspondingly if investing in projects with lower risk levels.
The project has a Loan-to-Value (LTV) ratio of 70%. Such LTV limitations are set to reduce risks for the lender and ensure a more stable financial position of the project. For instance, the lower the LTV, the lower the risk of default as the borrower has more equity in the project.
The project's internal number is P00001207 on the licensed crowdfunding platform Profitus from Lithuania.
Please note that the platform specifies that this information should not be construed as a recommendation, indication, or invitation to avail of 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.
Replying to Levente