Namai Dangaus g., Vilnius

The project "Namai Dangaus g., Vilnius" from Lithuania is seeking investments amounting to 68,000 euros for re_development with an expected annual return of 7%. The minimum investment amount is 100 euros.

The loan term is 12 months, which signifies the period for the borrower to repay the borrowed sum and the 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 54%, which falls within the established maximum value of 85%. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.

The internal project number is P00001383 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.

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 and also recommend approaching investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.