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Unfortunately, this deal expired 10.05.2024
1 month ago
9

House Ziezmariu st. IV

100 
/ max. 66,600 

About This Deal

The project House Ziezmariu st. IV from Lithuania is raising investments in the amount of 66600 euros for Refinancing with an expected annual return of 9.6-11.1%. The minimum investment amount is 100 euros.

The loan term is 9 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 9 months after receiving the loan.

The project's risk level on the platform is indicated as B. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings A and B indicate that the expected investment risk is lower than when investing in loans with ratings C or D, but the return will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 62%, 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 standard requirement for this type of financing. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for 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 P00000742-4 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that 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.

What do you think makes this project worth considering for investment, in terms of practicality, from a man in the Czech Republic interested in better understanding investing, focusing on a Refinancing project from Lithuania?
How much are you willing to consider investing in this project?