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Unfortunately, this deal expired 12.07.2024
14 days ago
9

Lofts on Kalvariju Street, Vilnius

240,000 
/ min. 100 

Real Estate Investing

The project Lofts on Kalvariju Street, Vilnius from the country Lithuania is raising investments in the amount of 240,000 euros for Real Estate acquisition with an expected annual return of 8.5-10.5%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means 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 68%, which is within the established maximum value of 75%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.

The internal project number is P00001253 on the licensed crowdfunding platform Profitus from Lithuania.

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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey guys, do you think this project is worth investing in? I'm new to the finance world, coming from Czech Republic with a degree in International Relations, and the project is about Real Estate acquisition in Lithuania
What amount are you willing to invest in this project?