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Unfortunately, this deal expired 19.03.2024
4 months ago

PRO BRO car wash on Vienibas street IV

/ min. 100 

Real Estate Development

The project PRO BRO car wash on Vienibas street IV from the country Latvia is raising investments in the amount of 270,000 euros for Real Estate development with an expected annual return of 8.6-11%. The minimum investment amount is 100 euros.

The loan term is 12 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 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 correspondingly lower if you invest in projects with a lower risk level.

The internal project number is P00001170-5 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 information on the platform 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 investment responsibly by diversifying your investments. In the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey guys, what do you think about considering investing in this project? I'm not very experienced in investing, but I'm curious about the potential of this Real Estate development project from Latvia
Point on the map - https://maps.app.goo.gl/FEd9EVdtZxqCjtce7
The location on Google Maps looks as follows:
What amount do you think is reasonable to invest in this project?