The project Duplex on Katisiu street, Vilnius from the country Lithuania is raising investments in the amount of 274,600 euros for working capital with an expected annual return of 8-10%. The minimum investment amount is 100 euros.
The loan term is 12 months, which means the period of time for the borrower to repay the borrowed amount and 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 69%.
The internal project number is P00001309 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 managed to obtain this license.
Please note that the platform specifies that this information cannot 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.
Replying to Chloé
Replying to Conor