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Unfortunately, this deal expired 07.07.2024
18 days ago

Lofts on Kauno Street, Vilnius

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The project Lofts on Kauno Street, Vilnius from the country Lithuania is raising investments in the amount of 111,600 euros for Refinancing with an expected annual return of 8.7-10.3%. 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 70%. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00001252 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 investing responsibly by diversifying your investments.

Hey folks, what's your take on considering an investment in this project? The investment goal is Refinancing, and it's based in Lithuania. Let's discuss the potential benefits and risks from a tax perspective
How much would you be willing to invest in this project if the conditions are favorable?