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Unfortunately, this deal expired 03.07.2024
18 days ago

House on Trinapolio Street, Vilnius V

/ min. 100 

Real Estate Investing

The project House on Trinapolio Street, Vilnius V from the country Lithuania is raising investments in the amount of 70,000 euros for Real Estate acquisition with an expected annual return of 11-13%. 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 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 69%. 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 P00001242-5 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 specifies that this information cannot be construed as a recommendation, indication, 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.

Hey guys, what are your thoughts on considering this project as an investment opportunity? What are the pros you see in investing in Real Estate acquisition in Lithuania?
What amount would you consider acceptable to invest in this project?