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Unfortunately, this deal expired 29.03.2024
2 months ago

Namas Pasiles st. 1, Vilnius

/ max. 120,100 

About This Deal

The project Namas Pasiles st. 1, Vilnius from the country Lithuania is raising investments amounting to 120,100 euros for Real Estate development with an expected annual return of 9.2-11.2%. The loan term is 12 months, meaning the period for the borrower to repay the loan amount and interest. In this case, the borrower must repay the loan within 12 months after receiving the loan. The project's risk level on the platform is indicated as B-. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings A and B indicate that the expected investment risk is lower than investing in loans with ratings C or D, but the return will be lower accordingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 52%, which is within the established maximum value of 70%. 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 collateralized lending. In this case, an LTV of 52% indicates that the loan amount is 52% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing. Such 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 P00001205 on the licensed crowdfunding platform Profitus from Lithuania. Please note that the platform specifies that this information cannot 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 the Profitus platform and also recommend approaching investing responsibly by diversifying your investments. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey folks, what do you think about this project from Lithuania? Do you reckon it's worth investors' attention? It's all about Real Estate development, so let's dive in and share our thoughts!
What amount do you consider acceptable to invest in this project?