Duplexes on Strazdu Street, Vilnius III

The project "Duplexes on Strazdu Street, Vilnius III" from Lithuania is seeking investments amounting to 196,106 euros for re_development with an expected annual return of 8-9.5%. The minimum investment amount is 100 euros.

The loan term is 6 months, indicating the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 6 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 53%, which is within the established maximum value of 85%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.

The internal project number is P00001243-3 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe by 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, 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. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.