Home / Categories / Real Estate Crowdfunding / Apartments on Moliakalnio Street, Vilnius V
Unfortunately, this deal expired 02.07.2024
24 days ago
10

Apartments on Moliakalnio Street, Vilnius V

61,000 
/ min. 100 

Real Estate Crowdfunding

The Apartments on Moliakalnio Street, Vilnius V project from Lithuania is seeking investments of 61000 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 has a Loan-to-Value (LTV) ratio of 70%, which falls within the maximum limit of 79%. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.

The internal project number is P00001244-5 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, 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 your portfolio.

Hey guys, what do you think about putting some cash into this Real Estate development project in Lithuania? Is it worth the investment for some serious financial gains?
What amount are you considering for investment in this project?