Apartments on Moliakalnio Street, Vilnius V

The project Apartments on Moliakalnio Street, Vilnius V from the country Lithuania is raising investments in the amount of 81900 euros for re_development with an expected annual return of 10-12%. The loan term is 12 months, meaning the period for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 53%, which is within the established maximum value of 85%. The internal project number is P00001226-5 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe, only 150 managed to obtain this license by early 2024. Please note that the platform specifies that this information cannot 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 investing responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.