The Bee Valley XVII Housing Estate project from Lithuania is seeking investments of 280,000 euros for re_development with an expected annual return of 8.5-10.5%. The minimum investment amount is 100 euros.
The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 62%, which falls within the maximum value of 85%. LTV ratio is an important indicator in the financial sector, especially in asset-backed lending. In this case, an LTV of 62% indicates that the loan amount is 62% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001236-17 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.
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 investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.
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