Home / Categories / Real Estate Crowdfunding / Duplex Kankoreziu street, Vilnius
Unfortunately, this deal expired 05.07.2024
18 days ago
9

Duplex Kankoreziu street, Vilnius

100,000 
/ min. 100 

Real Estate Crowdfunding

The project Duplex Kankoreziu street, Vilnius from the country Lithuania is raising investments of 100,000 euros for Real Estate development with an expected annual return of 10-12.5%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning the period for the borrower to repay the borrowed amount and the interest on the loan. 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 31%, which is within the set maximum value of 61%. Such LTV restrictions are established to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00001251 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, 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 investing responsibly by diversifying your investments.

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