Apartments on Moliakalnio Street, Vilnius III

The Apartments on Moliakalnio Street, Vilnius III project from Lithuania is raising investments of 160,000 euros for Real Estate development with an expected annual return of 10-12%. 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 has a Loan-to-Value (LTV) ratio of 43%, which is within the maximum limit of 85%. The internal project number is P00001226-3 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. Please 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 platform and also recommend approaching investment responsibly by diversifying your investments.