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This deal expires tomorrow
6 days ago

Apartments on Moliakalnio Street, Vilnius

/ max. 290,000 

About This Deal

The project Apartments on Moliakalnio Street, Vilnius from the country Lithuania is raising investments in the amount of 290,000 euros for Refinancing with an expected annual return of 10.2-13%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning 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 12 months after receiving the loan.

The project's risk level on the platform is indicated as B-. Project risk ratings are intended to provide a better understanding of the project's riskiness. An A and B rating indicates that the expected investment risk is lower than when investing in loans with a C or D rating, but the return will be lower accordingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 24%, which is within the established maximum value of 70%. The Loan-to-Value 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 24% indicates that the loan amount is 24% of the current market value of the collateral (likely real estate or another asset). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00001226 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform states that this information cannot be construed as a recommendation, advice, 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 the Profitus platform and also recommend approaching investment responsibly by diversifying your investments.

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