The project Apartments on Moliakalnio Street, Vilnius III from the country Lithuania is seeking 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 after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 62%, which is within the maximum limit 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 asset-backed lending. In this case, an LTV of 62% indicates that the loan amount is 62% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001244-3 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.
Replying to Kateřina
Replying to Nicholas