The Apartments on Moliakalnio Street, Vilnius V project from Lithuania is seeking investments of 46800 euros for re_development with an expected annual return of 12-13.5%. 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 77%, which is within the maximum limit of 95%. LTV ratio is an important financial indicator, especially in mortgage lending, showing the loan amount as a percentage of the collateral's market value. Lower LTV ratios reduce the risk of default as the borrower has more equity in the project. Internal project number P00001244-6 is listed on the licensed crowdfunding platform Profitus from Lithuania. The platform obtained a license in November 2023 from the European crowdfunding regulator ESMA. It is important to 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 and also recommend approaching investments responsibly by diversifying your portfolio.
Replying to Väinö