House on Juodvarniu street, Vilnius

The project House on Juodvarniu street, Vilnius from the country Lithuania is raising investments in the amount of 121,100 euros for working capital with an expected annual return of 8%. The loan term is 6 months, meaning the period for the borrower to repay the borrowed amount and the loan interest. In this case, the borrower must repay the loan within 6 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 70%, which is within the established maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.

The internal project number is P00001316 on the licensed crowdfunding platform Profitus from Lithuania. 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 cannot 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 investing responsibly by diversifying your investments.