Duplex K. Jakubeno st., Vilnius

The project Duplex K. Jakubeno st., Vilnius from the country Lithuania is raising investments in the amount of 140,000 euros for re_development with an expected annual return of 7.5-9%. The loan term is 12 months, meaning the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 67%, which is within the established maximum value of 85%. The internal project number is P00001390 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, 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 investment responsibly by diversifying investments. In the European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.