Apartments on Moliakalnio Street, Vilnius XVIII

The project Apartments on Moliakalnio Street, Vilnius XVIII from the country Lithuania is raising investments in the amount of 70,000 euros for refinancing with an expected annual return of 8%. The minimum investment amount is 100 euros.

The loan term is 5 months, which means 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 5 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 64%, which is within the established maximum value of 85%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateralized lending. In this case, an LTV of 64% indicates that the loan amount is 64% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00001226-18 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 in 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 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.