Lofts Savanoriu pr. 206B, Kaunas

The project Lofts Savanoriu pr. 206B, Kaunas from the country Lithuania is seeking investments amounting to 415,000 euros for refinancing with an expected annual return of 8.4-10.4%. The loan term is 18 months, meaning the borrower has to repay the loan amount and interest within 18 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 63%, which falls within the maximum limit of 79% set for the project. The maximum allowable LTV value for the project is 85%, which may be a restriction or a standard requirement for this type of financing.

The internal project number is P00001313 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 obtain this license.

Please note that the platform specifies that this information should not be construed as a recommendation, advice, or invitation to use a specific investment service and should not be 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 investing responsibly by diversifying your investments.