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Unfortunately, this deal expired 28.05.2024
23 days ago

Sauna complex on the lake shore IV

/ max. 52,862 

About This Deal

The Sauna complex on the lake shore IV project from Lithuania is seeking investments amounting to 52862 euros for Real Estate development with an expected annual return of 13.5-14.5%. The minimum investment amount is 100 euros.

The loan term is 12 months, indicating 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 D. Risk ratings 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 project has a Loan-to-Value (LTV) ratio of 50%, which is within the established maximum value of 95%. The Loan-to-Value ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in collateralized lending. In this case, an LTV of 50% indicates that the loan amount is 50% 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 limitation or standard requirement for this type of financing.

The internal project number is P00001213-4 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform states 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 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.

Hey friends! I'm thinking about creating a passive income stream through real estate development in Lithuania. What do you guys think about considering this project as an investment opportunity, especially after reading Kiyosaki's book?
What amount are you considering investing in this project?