House on Ziezmariu Street, Vilnius VI

The project House on Ziezmariu Street, Vilnius VI from the country Lithuania is seeking investments in the amount of 66,600 euros for refinancing with an expected annual return of 10.1-11.1%. The loan term is 9 months, meaning the borrower has to repay the loan amount and interest within 9 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 68%, which is within the maximum limit of 85%. The internal project number is P00000742-6 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. 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 should not 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 Profitus platform and also recommend approaching investing responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.