Home / Categories / Real Estate Investing / Dzintaru Park Residence
Unfortunately, this deal expired 22.05.2024
1 month ago

Dzintaru Park Residence

/ max. 1,131,600 

About This Deal

The project Dzintaru Park Residence from the country of Lithuania is raising investments in the amount of 1,131,600 euros for Real Estate acquisition with an expected annual return of 11.5-15%. The minimum investment amount is 100 euros.

The loan term is 9 months, which means the period of time for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 9 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 - from "A+" to "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 return will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 60%, which is within the established maximum value of 79%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing.

The internal project number is P00001239 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.

Please note, the platform states that this information cannot 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 investing responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Do you consider this project a worthy investment opportunity for Real Estate acquisition in Lithuania?
What amount do you consider reasonable to invest in this project?