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Unfortunately, this deal expired 17.05.2024
2 months ago

PRO BRO Unity st. car wash VI

/ min. 100 

Real Estate Development

The project PRO BRO Unity st. car wash VI from the country of Latvia is raising investments in the amount of 161,500 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, 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 B. The platform's website states that there are 10 different risk ratings – from "A+" to "D". Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, and the remaining projects have a rating of D. 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 lower correspondingly if you invest in projects with a lower risk level.

The internal project number is P00001170-7 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, 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 the Profitus platform and also recommend approaching investing responsibly by diversifying your investments.

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