Apartments on Moliakalnio Street, Vilnius II

The project Apartments on Moliakalnio Street, Vilnius II from the country Lithuania is raising investments of 70,000 euros for Real Estate development with an expected annual return of 13-14.5%. 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's risk level on the platform is rated as D, indicating a moderate level of risk. The platform states that there are 10 different risk ratings from "A+" to "D", with higher ratings indicating lower investment risk but potentially lower returns. The project has a Loan-to-Value (LTV) ratio of 57%, within the maximum limit of 79%. The project's internal number is P00001244-2 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is considered complex, as only 150 out of over 1000 platforms in Europe had obtained this license by early 2024. It is important to note that the information on the platform 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 Profitus and also recommend approaching investments responsibly by diversifying one's investments. Crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law in EU countries.