Home / Categories / Real Estate Investing / House on Trinapolio Street, Vilnius II
This deal expires on 17.06.2024
4 days ago
9

House on Trinapolio Street, Vilnius II

100 
/ max. 100,000 

About This Deal

The project "House on Trinapolio Street, Vilnius II" from the country Lithuania is raising investments in the amount of 100,000 euros for Real Estate acquisition with an expected annual return of 10.5-13%. The loan term is 12 months, meaning the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project's risk level on the platform is indicated as C. Ratings A and B indicate that the expected investment risk is lower than investing in loans with ratings C or D, but the return will be lower accordingly if you invest in projects with a lower risk level. The project has a Loan-to-Value (LTV) ratio of 30%, which is within the established maximum value of 69%. The internal project number is P00001242-2 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. The ESMA license is quite complex, as out of over 1000 platforms in Europe in early 2024, only 150 managed to obtain this license. Please note that the information on the platform 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 investment responsibly by diversifying your investments. In the European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

In your professional opinion, do you believe it is legally advisable to invest in this Real Estate acquisition project from Lithuania?
What amount do you consider suitable to invest in this project?