House of the Cross Garden, Sodu Street, Vilnius

The project House of the Cross Garden, Sodu Street, Vilnius from the country Lithuania is seeking investments of 100,000 euros for re_development with an expected annual return of 8.6%. The loan term is 12 months, meaning the borrower has to repay the loan amount and interest within 12 months of receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 63%, which is within the established maximum value of 75%. The internal project number is P00001387 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 managed to obtain this license.

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 the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.