Apartment on Svajoniu street, Vilnius

The project "Apartment on Svajoniu street, Vilnius" from Lithuania is seeking investments of 394,000 euros for Working capital with an expected annual return of 9.2-12.2%. The loan term is 9 months, meaning the borrower has to repay the loan amount and interest within 9 months after receiving the loan.

The project's risk level on the platform is rated as B-. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Ratings A and B indicate lower expected investment risk compared to investing in loans with ratings C or D, but the returns will be lower accordingly if you invest in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 62%. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, 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 P00001206 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 platform specifies that this information 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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.