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Unfortunately, this deal expired 10.05.2024
1 month ago

Seaside Residence V

/ max. 500,000 

About This Deal

The Seaside Residence V project from Latvia is raising investments of 500,000 euros for Refinancing with an expected annual return of 12-15.5%. The loan term is 3 months, meaning the borrower must repay the loan amount and interest within 3 months after receiving the loan.

The project's risk level on the platform is rated B-. Projects with ratings of "A+", "A", "A-" represent around 9% on the platform, while projects with ratings of "B+", "B", "B-" constitute the majority at 58%. There are also projects with ratings of "C+", "C", "C-", comprising about 30%, and the remaining projects have a rating of D. Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings of A and B indicate lower investment risk compared to investing in loans with ratings of C or D, but the returns will be correspondingly lower when investing in projects with lower risk levels.

The project has a Loan-to-Value (LTV) ratio of 50%, which is within the established maximum value of 60%. The 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 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 restriction or standard requirement for this type of financing.

The internal project number is P00001153-6 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform 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 investing responsibly by diversifying your investments. In EU countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey friends, what do you think about the opportunity to invest in this project from Latvia? The investment goal is Refinancing. Let's discuss the potential benefits and risks together!
What amount do you consider adequate to invest in this project?