Apartment on Uzkanaves Street, Palanga

The project "Apartment on Uzkanaves Street, Palanga" from the country Lithuania is raising investments in the amount of 160,000 euros with the purpose of re-acquisition and an expected annual return of 8.3%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 66%, and this value is within the established maximum value of 66%.

The internal project number is P00001308 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, the platform specifies that this information should not be construed as a recommendation, indication, 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 investing responsibly by diversifying your investments.