The project "Apartment on Virsilu Street, Vilnius" from the country Lithuania is seeking investments in the amount of 262,700 euros for re-acquisition with an expected annual return of 9%. 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 79%, which is within the established maximum value of 85%.
The internal project number is P00001411 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, the platform states 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.
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