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Unfortunately, this deal expired 13.06.2024
15 days ago

Faustina House XIII

/ max. 80,000 

About This Deal

The Faustina House XIII project from Lithuania is raising investments of 80,000 euros for Real Estate development with an expected annual return of 9.2-11.2%. The minimum investment amount is 100 euros.

The loan term is 9 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 9 months after receiving the loan.

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

The project has a Loan-to-Value (LTV) ratio of 56%, which is within the established maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing. 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 P00000946-14 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 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 the Profitus platform and also recommend approaching investment responsibly by diversifying your investments.

What are your thoughts on considering this project as an investment opportunity, especially in the Real Estate development sector in Lithuania?
How much are you willing to invest in this project?