Apartments on Moliakalnio Street, Vilnius VII

The Apartments on Moliakalnio Street, Vilnius VII project from Lithuania is seeking investments totaling 188,400 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 91%, which falls within the maximum limit of 95%. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV implies less default risk as the borrower has more equity in the project.

The internal project number is P00001244-7 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 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 and also recommend approaching investments responsibly by diversifying your portfolio.