Apartment on Pusu Street, Vilnius II

The project "Apartment on Pusu Street, Vilnius II" from Lithuania is seeking investments amounting to 54721 euros for refinancing with an expected annual return of 6.2-8.2%. The loan term is 11 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 11 months after receiving the funds.

The project has a Loan-to-Value (LTV) ratio of 30%, which falls within the established maximum value of 30%. 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 asset-backed lending. In this instance, an LTV of 30% indicates that the loan amount is 30% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00001098-2 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, indication, 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 Law.