Home / Categories / Real Estate Crowdfunding / Housing estate Biciu Slenis V
Unfortunately, this deal expired 09.07.2024
3 months ago
9

Housing estate Biciu Slenis V

70,000 
/ min. 100 

Real Estate Crowdfunding

The Housing estate Biciu Slenis V project from Lithuania is raising investments of 70,000 euros for Real Estate development with an expected annual return of 7.5-9.5%. The minimum investment amount is 100 euros.

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 42%, 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. 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 P00001236-5 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform specifies that this information should not 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 investment responsibly by diversifying your investments. In the European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

What do you guys think are the risks and potential returns of investing in this project? It's about Real Estate development in Lithuania
Do you have any investment limits for this project?