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Unfortunately, this deal expired 21.06.2024
1 month ago
8

Apartments on Moliakalnio Street, Vilnius III

70,000 
/ min. 100 

Real Estate Development

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.

Hey guys, what do you think makes this project a good investment opportunity?
What amount do you consider suitable for investing in this project?