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Unfortunately, this deal expired 25.06.2024
1 month ago
9

Apartments Duburio st. 4, Vilnius

255,000 
/ min. 100 

Refinancing

The Apartments Duburio st. 4, Vilnius project from Lithuania is raising investments in the amount of 255,000 euros for Refinancing with an expected annual return of 10-12%. The minimum investment amount is 100 euros.

The loan term is 6 months, which means the period for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 6 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 25%, which is within the established maximum value of 49%.

The internal project number is P00001249 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. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 managed to obtain this license.

Please note that the platform specifies 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. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey folks, what's your take on investing in this project for some sweet Refinancing action? I'm a newbie investor from Athens, so I'd love to hear your thoughts!
What amount are you willing to consider investing in this project?