Apartment on Rinktines street, Vilnius

The project "Apartment on Rinktines street, Vilnius" from Lithuania is seeking investments in the amount of 108,000 euros for working capital with an expected annual return of 8%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 82%, which is within the established maximum value of 82%. The internal project number is P00001424 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. Please note that the information on the platform should not 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 investments responsibly by diversifying your investments.