Apartments on Moliakalnio Street, Vilnius XIII

The Apartments on Moliakalnio Street, Vilnius XIII project from Lithuania is seeking investments of 290,000 euros for refinancing with an expected annual return of 8-10%. The minimum investment amount is 100 euros.

The loan term is 6 months, meaning the borrower must repay the loan amount and interest within 6 months of receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 65%, which is within the maximum limit of 85%.

The internal project number is P00001226-13 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates 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 in early 2024, only 150 managed to obtain this license.

Please 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 platform and also recommend approaching investment responsibly by diversifying your investments. In the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.