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Unfortunately, this deal expired 11.06.2024
10 days ago

Apartments on Moliakalnio Street, Vilnius

/ max. 100,000 

About This Deal

The project Apartments on Moliakalnio Street, Vilnius from the country Lithuania is raising investments in the amount of 100,000 euros for Refinancing with an expected annual return of 12.8-14.8%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.

The project's risk level on the platform is rated D. The platform states that there are 10 different risk ratings ranging from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, and the remaining projects have a rating of D. Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings of A and B indicate lower investment risk compared to investing in loans with ratings of C or D, but the returns will be lower if you invest in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 52%, which is within the maximum value of 79%. 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 collateralized lending. In this case, an LTV of 52% indicates that the loan amount is 52% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00001244 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 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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