House on Kojelaviciaus Street, Vilnius III

The project House on Kojelaviciaus Street, Vilnius III from Lithuania is raising investments in the amount of 120,200 euros for re_development with an expected annual return of 10-12%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 58%, which is within the set maximum value of 70%. Such LTV restrictions are established to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00001200-3 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, the platform states that this information should not be construed as a recommendation, indication, or invitation to avail of 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 investing responsibly by diversifying your investments.