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Unfortunately, this deal expired 19.07.2024
5 months ago
9

Casa de los Cisnes

70,000 
/ min. 100 

Real Estate Crowdfunding

The Casa de los Cisnes project from the country of Lithuania is raising investments of 70,000 euros for Real Estate development with an expected annual return of 9-11%. 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 27%, which is within the maximum limit of 70%. LTV limits are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.

The internal project number is P00001259 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 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 Profitus and also recommend approaching investment responsibly by diversifying your investments.

Do you think it is advisable to invest in this project? I am concerned about the legal aspects, especially considering the Real Estate development investment goal. What are your thoughts on investing in a project from Lithuania?
What's the ballpark figure you're looking to invest in this project?