Home / Categories / Real Estate Investing / Duplexes on Strazdu Street, Vilnius
Unfortunately, this deal expired 11.06.2024
17 days ago

Duplexes on Strazdu Street, Vilnius

/ max. 90,100 

About This Deal

The project "Duplexes on Strazdu Street, Vilnius" from the country Lithuania is seeking investments amounting to 90,100 euros for Real Estate acquisition with an expected annual return of 10.5-12.5%. The loan term is 12 months, meaning the borrower has to repay the loan amount and interest within 12 months after receiving the loan.

The project's risk level on the platform is indicated as C. Ratings A and B suggest that the expected investment risk is lower compared to investing in loans with ratings C or D, but the returns will be lower accordingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 39%, which is within the set maximum value of 70%. The 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 39% indicates that the loan amount is 39% 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 P00001243 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 at the beginning of 2024, only 150 managed to obtain this license.

Please note that 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 Profitus platform and also recommend approaching investment responsibly by diversifying your investments.

Hey guys, what do you think about considering an investment in this project? Real Estate acquisition is the goal, and it's based in Lithuania. Thoughts on the potential here?
What amount do you consider reasonable to invest in this project?