Apartment Rinktines st. 1A, Vilnius

The investment project "Apartment Rinktines st. 1A, Vilnius" from the country Lithuania is raising investments amounting to 11000 euros for working capital with an expected annual return of 10.5-11.5%. The minimum investment amount is 100 euros.

The loan term is 11 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 11 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 69%. The LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in the field of secured lending. In this case, an LTV of 69% indicates that the loan amount is 69% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001295 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, advice, 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. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.