Duplexes for sale, Kaunas II

The project "Duplexes for sale, Kaunas II" from the country Lithuania is gathering investments in the amount of 50000 euros for re_development with an expected annual return of 7%. The loan term is 5 months, meaning the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 5 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 43%, which is within the set maximum value of 50%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateralized lending. In this case, an LTV of 43% indicates that the loan amount is 43% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00001349-2 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 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 platform and also recommend approaching investment responsibly by diversifying your investments.