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Unfortunately, this deal expired 20.05.2024
1 month ago

Houses on Vasaros Street.

/ min. 100 

Real Estate Development

The project "Houses on Vasaros Street" from Lithuania is raising investments amounting to 18000 euros for Real Estate development with an expected annual return of 11.1-12.6%. The minimum investment amount is 100 euros.

The loan term is 18 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 18 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 when 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 53%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in the field of secured lending. In this case, an LTV of 53% indicates that the loan amount is 53% of the current market value of the collateral (likely real estate or another asset). 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 P00001230 on the licensed crowdfunding platform Profitus from Lithuania. The 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 states that this information 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.

Hey guys, what do you think about the investment prospects in this project? I'm looking to protect and grow my savings, so I'm curious about investing in Real Estate development in Lithuania
What amount do you consider acceptable to invest in this project?