The project "Pragiedruliu 6th House IV" from Lithuania is raising investments in the amount of 57000 euros for Real Estate development with an expected annual return of 9.2-10.2%. The loan term is 12 months, meaning the borrower has to repay the loan amount and interest within 12 months after receiving the loan.
The project's risk level on the platform is rated as B-. The platform's website states that there are 10 different risk ratings ranging from "A+" to "D". Ratings A and B indicate that the expected investment risk is lower compared to investing in loans with ratings C or D, but the return will be lower if you invest in projects with lower risk levels.
The project has a Loan-to-Value (LTV) ratio of 66%, which is within the maximum value of 70%. The internal project number is P00001111-4 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, 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 Profitus platform and also recommend approaching investment responsibly by diversifying your investments.
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