Project 19, Nida II

The Project 19, Nida II project from Lithuania is raising investments in the amount of 532,000 euros with the aim of re_development and an expected annual return of 7.5-8.5%. The loan term is 4 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 4 months after receiving the loan. The project has a Loan-to-Value (LTV) ratio of 65%, which is within the established maximum value of 65%. The internal project number is P00001334-2 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, the platform states 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. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Act.