Kalno Panorama, Vilnius District.

The Kalno Panorama project in Lithuania is seeking investments totaling 202,000 euros with a target re-acquisition and an expected annual return of 8.6-9.6%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months of receiving the loan. The project has a Loan-to-Value (LTV) ratio of 54%, which falls within the maximum limit of 85%. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV implies less default risk as the borrower has more equity in the project.

The project's internal number is P00001384 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates 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 in early 2024, only 150 managed to acquire this license.

Please note that the information on the platform should not 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 Profitus platform and also recommend approaching investments responsibly by diversifying your investments. In EU countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.