The Faustina House XV project from Lithuania is raising investments of 122,000 euros for Real Estate development with an expected annual return of 9.2-11.2%. The loan term is 9 months, meaning the borrower must repay the loan amount and interest within 9 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 56%, which is within the maximum limit of 70%. The internal project number is P00000946-17 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe, only 150 managed to obtain this license by early 2024. Please note that the information on the platform 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 investing responsibly by diversifying your investments.
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