Apartments on Moliakalnio Street, Vilnius VII

The Apartments on Moliakalnio Street, Vilnius VII project from Lithuania is seeking investments amounting to 108,200 euros for re_development with an expected annual return of 8.6-9.6%. The minimum investment amount is 100 euros.

The loan term is 12 months, which signifies the period for the borrower to repay the borrowed amount and the 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 62%, which falls within the established maximum value of 85%.

The internal project number is P00001226-7 on the licensed crowdfunding platform Profitus from Lithuania. The platform states that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 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 should not be 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. In the European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.