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Unfortunately, this deal expired 12.04.2024
1 month ago

Pine Grove Freshness Apartments V

/ max. 100,000 

About This Deal

The Pine Grove Freshness Apartments V 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 loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.

The project's risk level on the platform is rated C+. The platform states that there are 10 different risk ratings ranging from "A+" to "D". Risk ratings are provided to better understand the project's level of risk. Ratings of A and B indicate lower investment risk compared to investing in loans rated C or D, but the returns will be lower if investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 34%, which is within the maximum value of 70%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in finance, especially in collateralized lending. In this case, an LTV of 34% indicates that the loan amount is 34% 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. LTV limitations are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, lower LTV means less risk of default as the borrower has more equity in the project.

The project's internal number is P00001192-5 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 investments responsibly by diversifying your investments.

Hey mates, what do you reckon, is this project a solid investment opportunity? I've got heaps of experience, but I'm a total noob when it comes to investing in Real Estate development projects from Lithuania
Are you willing to invest a specific amount in this project, and if so, how much?