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Unfortunately, this deal expired 21.06.2024
1 month ago

I love Palanga V

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Real Estate Development

The project "I love Palanga V" from the country Lithuania is raising investments in the amount of 100,000 euros for Real Estate development with an expected annual return of 11-13%. 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 50%, which is within the established maximum value of 50%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateralized lending. In this case, an LTV of 50% indicates that the loan amount is 50% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The internal project number is P00001221-5 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 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 investing responsibly by diversifying your investments.

Hey friends! Do you think it's worth considering investing in this project? It's about Real Estate development in Lithuania. What do you think?
Are you willing to put some money into this project?