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Unfortunately, this deal expired 02.07.2024
3 months ago
8

Biciuliai House XVI

61,000 
/ min. 100 

Real Estate Crowdfunding

The project Biciuliai House XVI from Lithuania is raising investments in the amount of 61000 euros for Real Estate development with an expected annual return of 12-13.5%. The minimum investment amount is 100 euros.

The loan term is 9 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 9 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 80%, which is within the established maximum value of 80%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in secured lending. In this case, an LTV of 80% indicates that the loan amount is 80% 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 P00000799-16 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform states that this information should not be construed as a recommendation, indication, 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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.

Do you guys think this project has the potential for investment? It's about Real Estate development in Lithuania, and we're looking to significantly increase our financial income from Greece
What amount do you consider reasonable to invest in this project?