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Unfortunately, this deal expired 01.04.2024
2 months ago
8

Pine Forest Freshness Apartments IV

100 
/ max. 100,000 

About This Deal

The Pine Forest Freshness Apartments IV project from Lithuania is raising investments of 100,000 euros for Real Estate development with an expected annual return of 10.9-11.9%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning 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 12 months after receiving the loan.

The project's risk level on the platform is indicated as C+. An A or B rating indicates that the expected investment risk is lower than when investing in loans with a C or D rating, 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 27%, which is within the established maximum value of 70%. The maximum allowable LTV value for the project is 85%, which may be a limitation 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 P00001192-4 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 investments responsibly by diversifying your investments.

What are your thoughts on the possibility of investing in this project? It's a Real Estate development project from Lithuania
Do you think it makes sense to invest some money in this project and if yes, how much?