The project House on Ziezmariu Street, Vilnius from the country Lithuania is seeking investments amounting to 104,700 euros for re_development with an expected annual return of 9.2-11.2%. The loan term is 12 months, meaning 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 55%, 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 P00001285 on the licensed crowdfunding platform Profitus from Lithuania.
Please note that the platform states that this information should not be construed as a recommendation, indication, or invitation to take advantage 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 the Profitus platform and also recommend approaching investing responsibly by diversifying your investments.
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