Apartments on Moliakalnio Street, Vilnius IV

The project Apartments on Moliakalnio Street, Vilnius IV from the country Lithuania is raising investments in the amount of 80,000 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 after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 48%, which is within the maximum value set at 85%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing.

The internal project number is P00001226-4 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe by early 2024, only 150 managed to obtain this license. Please note that the platform specifies that this information should not be construed as a recommendation, indication, 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 investing responsibly by diversifying investments. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.