Hotel on Laisvės Avenue IX

The project Hotel on Laisvės Avenue IX from Lithuania is raising investments of 110,000 euros with the aim of refinancing and an expected annual return of 8-10%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months of receiving the loan. The project has a Loan-to-Value (LTV) ratio of 71%, which is within the established maximum value of 75%. The LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in secured lending. In this case, an LTV of 71% indicates that the loan amount is 71% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00000879-9 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 that 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. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.