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Unfortunately, this deal expired 14.06.2024
14 days ago

Duplexes on Strazdu Street, Vilnius II

/ max. 40,100 

About This Deal

The project Duplexes on Strazdu Street, Vilnius II from the country Lithuania is raising investments in the amount of 40100 euros for Real Estate acquisition with an expected annual return of 10.5-12.5%. The loan term is 12 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 12 months after receiving the loan.

The project's risk level on the platform is indicated as C. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, and the remaining projects have a rating of D. Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings A and B indicate that the expected investment risk is lower than 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 39%, which is within the established maximum value of 70%. 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 P00001243-2 on the licensed crowdfunding platform Profitus from Lithuania.

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 the Profitus platform and also recommend approaching investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.

Hey guys, what do you think are the risks and potential gains of putting money into this project in Lithuania? Real Estate acquisition, you know. Let's hear your thoughts, no sugar-coating!
Are you willing to consider investing in this project at all, and if so, how much?