Looga 12, Tartu

The project Looga 12, Tartu from the country of Estonia is raising investments in the amount of 108,700 euros for re_development with an expected annual return of 9.7-11.7%. 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 60%, which is within the established maximum value of 69%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for 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 P00001305 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.

Please note, 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 Profitus platform and also recommend approaching investing responsibly by diversifying your investments.