House on Hipodromo Street, Palanga III

The project House on Hipodromo Street, Palanga III from the country Lithuania is seeking investments in the amount of 80000 euros for working capital with an expected annual return of 8%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 68%, which is within the set maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing. LTV limitations are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.

The internal project number is P00001292-3 on the licensed crowdfunding platform Profitus from Lithuania. It is important to 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 the Profitus platform and also recommend approaching investments responsibly by diversifying your investments.