Real Estate Development
The project "PRO BRO Unity Str. III car wash" from the country of Latvia is seeking investments amounting to 120,000 euros for Real Estate development with an expected annual return of 8.2-10.2%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months of receiving the loan. The project's risk level on the platform is indicated as B+. Risk ratings are provided to better understand the project's riskiness. An A or B rating suggests that the expected investment risk is lower compared to investing in credits rated C or D, but the returns will be correspondingly lower if you invest in projects with a lower risk level.
The internal project number is P00001170-4 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 clarifies 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 the Profitus platform and also recommend approaching investment responsibly by diversifying your investments.
