Apartments Puerta del Obispo, Leon

The Apartments Puerta del Obispo project from Spain is raising investments of 350,000 euros for re_development with an expected annual return of 8.5-11%. 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 38%, which is within the maximum limit of 70%. The internal project number is P00001397 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. 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 and also recommend approaching investment responsibly by diversifying your investments.