Apartments Kemeru Street, 58 Jurmala V

The Apartments Kemeru Street, 58 Jurmala V project from Latvia is seeking investments amounting to 30808 euros for working capital with an expected annual return of 13.6%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months of receiving the loan. The project has a Loan-to-Value (LTV) ratio of 73%, which is within the established maximum value of 73%. LTV limitations are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, a lower LTV implies less default risk as the borrower has more equity in the project.

The internal project number is P00001343-5 on the licensed crowdfunding platform Profitus from Lithuania. 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 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 investments responsibly by diversifying your investments.