Guest House Kontininku Street, Palanga VI

The project Guest House Kontininku Street, Palanga VI from the country Lithuania is raising investments in the amount of 96190 euros with the aim of refinancing and an expected annual return of 6.2%.
The loan term is 12 months, which means 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 12 months after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 7%, which is within the established maximum value of 70%.
The internal project number is P00000853-6 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, indication, or invitation to use a specific investment service and is not considered the basis or part of subsequent transactions. Investing always involves the risk of losing part or all of the investments. I agree with the Profitus platform and also recommend approaching investing responsibly by diversifying your investments.