Elfa Lofts, Naujamiestis

The Elfa Lofts, Naujamiestis project from Lithuania is raising investments of 190,000 euros for Real Estate development with an expected annual return of 11.5-14%. The loan term is 9 months, meaning the borrower has to repay the loan amount and interest within 9 months after receiving the loan.

The project's risk level on the platform is indicated as C-. Risk ratings are meant to provide a better understanding of the project's riskiness. An A or B rating indicates lower investment risk compared to investing in loans with C or D ratings, but the returns will be lower correspondingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 80%. The Loan-to-Value 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 80% indicates that the loan amount is 80% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001245 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 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.