Multifamily apartment building on Tolimosios Street, Vilnius.

The project Multifamily apartment building on Tolimosios Street, Vilnius from Lithuania is seeking investments of 260,600 euros for Refinancing with an expected annual return of 10.5-12.5%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months of receiving the loan.

The project's risk level on the platform is rated as B. The platform indicates that there are 10 different risk ratings ranging from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, with the remaining projects rated as D. Risk ratings are provided to better understand the project's level of risk. A and B ratings suggest lower investment risk compared to investing in loans with C or D ratings, but the returns will be lower accordingly when investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 59%, which falls within the maximum value of 70%. The internal project number is P00001246 on the licensed crowdfunding platform Profitus from Lithuania. 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 that the platform specifies that this information should not be construed as a recommendation, advice, 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 investment responsibly by diversifying your investments.