Real Estate Development
The project PRO BRO car wash Unity str. II from Latvia is collecting investments in the amount of 125,000 euros for Real Estate development with an expected annual return of 8.2-10.2%.
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 – from "A+" to "D". Projects with ratings "A+", "A", "A-" account for about 9% on the platform, projects with ratings "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings "C+", "C", "C-", which are fewer at around 30%, and the remaining projects have a rating of D. Risk ratings of the project 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 when 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 P00001170-2 is 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.
Please note that the platform specifies that this information 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 involves the risk of losing part or all of your investments. I agree with Profitus platform and also recommend approaching investment responsibly by diversifying your investments.
