Kaributo Houses, Vilnius III

The project Kaributo Houses, Vilnius III from the country Lithuania collects investments in the amount of 200,000 euros with the aim of re_development and an expected annual return of 7.5-8.8%. The minimum investment amount is 100 euros.

The loan term is 9 months, which means the period for the borrower to repay the borrowed amount and the interest on the loan. In this case, the borrower must repay the loan within 9 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 65%, which is within the established maximum value of 85%. 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 65% indicates that the loan amount is 65% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001382-3 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 in early 2024, only 150 managed to obtain this license.

Please note that the platform specifies 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. In the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.