The project "Jaunimo namai Vilniuje II" from the country Lithuania is seeking investments of 120,000 euros for re_development with an expected annual return of 7.5-9%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 14%, which falls within the maximum limit of 56%. 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 asset-backed lending. A 14% LTV indicates that the loan amount is 14% of the current market value of the collateral (likely real estate or another asset).
The internal project number is P00001327-2 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. 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 specifies that this information should not be construed as a recommendation, advice, or invitation to use a specific investment service and should not be 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 investments responsibly by diversifying your investments.
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