Home / Categories / Real Estate Development / Sauna complex on the lake shore II
Unfortunately, this deal expired 15.05.2024
10 days ago

Sauna complex on the lake shore II

/ max. 50,000 

About This Deal

The Sauna complex on the lake shore II project from Lithuania is seeking investments of 50,000 euros for Real Estate development with an expected annual return of 13.5-14.5%. 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 rated as D. The platform lists 10 different risk ratings from "A+" to "D". Projects with ratings of "A+", "A", "A-" account for about 9%, while projects with ratings of "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings of "C+", "C", "C-", comprising around 30%, with the remaining projects rated as D. Risk ratings are intended to provide a better understanding of the project's level of risk. Ratings of A and B indicate lower investment risk compared to investing in loans rated C or D, but the returns will be lower correspondingly when investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 34%, which falls within the maximum value of 95%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateral-based lending. In this case, an LTV of 34% indicates that the loan amount is 34% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

The project's internal number is P00001213-2 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.

It is important to note that the information on the platform 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 Profitus platform and also recommend approaching investments responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey pals, why do you think it's worth putting money into this project from Lithuania?
What amount do you consider adequate to invest in this project?