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Unfortunately, this deal expired 03.03.2024
3 months ago
0

Hotel on Freedom Avenue III

100 
/ max. 281,000 

About This Deal

The project Hotel on Freedom Avenue III from the country Lithuania is raising investments in the amount of 281,000 euros for Refinancing with an expected annual return of 10.9-13%.
The loan term is 12 months, which means the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 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 ranging from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while a majority of projects, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", which account for around 30%, and the remaining projects have a rating of D. Risk ratings are intended to provide a better understanding of the project's level of risk. 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 correspondingly be lower if you invest in projects with a lower risk level.
The project has a Loan-to-Value (LTV) ratio of 36%, which is within the established maximum value of 75%.
The internal project number is P00000879-3 on the licensed crowdfunding platform Profitus from Lithuania.
Please note, the platform specifies that this information should not be construed as a recommendation, advice, or invitation to make use of a specific investment service and should not be 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. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Guarantee and Investor Responsibility Law.