Miestelenu houses V

The investment project "Miestelenu houses V" from Lithuania is raising investments in the amount of 60811 euros with the aim of refinancing and an expected annual return of 7.2-8.2%. The loan term is 3 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 3 months after receiving the loan.

The project has a Loan-to-Value (LTV) ratio of 41%, and this value is within the established maximum value of 70%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in the field of secured lending. In this case, an LTV of 41% indicates that the loan amount is 41% of the current market value of the collateral (likely real estate or another asset).

The internal project number is P00001097-5 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 at the beginning of 2024, only 150 managed to obtain this license.

Please note, 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 investing responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.