The NATIVO Resort project from Lithuania is raising investments in the amount of 466,000 euros for re_development with an expected annual return of 8.6-10%. The minimum investment amount is 100 euros.
The loan term is 24 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 24 months after receiving the loan.
The project has a Loan-to-Value (LTV) ratio of 15%, which is within the established maximum value of 85%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.
The internal project number is P00001368 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 that the platform specifies that this information cannot 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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.
Replying to Jan