Lofts on Naugarduko Street, Vilnius

The project Lofts on Naugarduko Street, Vilnius from the country Lithuania is raising investments in the amount of 89600 euros for Real Estate acquisition with an expected annual return of 9.2-11.2%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means the period of time 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 76%.

The internal project number is P00001265 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, only 150 managed to obtain this license by early 2024.

Please note that the platform specifies 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 Act.