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Unfortunately, this deal expired 04.04.2024
2 months ago

Duplex Raisiu street, Vilnius

/ max. 431,500 

About This Deal

The project Duplex Raisiu street, Vilnius from the country Lithuania is raising investments amounting to 431,500 euros for Real Estate development with an expected annual return of 10.5-13%. The loan term is 6 months, meaning 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 6 months after receiving the loan.

The project's risk level on the platform is indicated as C. On the platform, projects with ratings "A+", "A", "A-" constitute about 9%, while projects with ratings "B+", "B", "B-" make up the majority on the platform at 58%. There are also projects with ratings "C+", "C", "C-", comprising around 30%, and the remaining projects have a rating of D. Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the returns will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 45%, which is within the established maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for 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 P00001208 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 states that this information cannot 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 investing responsibly by diversifying your investments.

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