Senior Residence, Malaga

The Senior Residence project in Spain is seeking investments of 450,000 euros for the re-acquisition with an expected annual return of 8.3-9.5%. 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 has a Loan-to-Value (LTV) ratio of 21%, which is within the maximum limit of 41% set to reduce risks for the lender and ensure a more stable financial position for the project. A lower LTV reduces the risk of default as the borrower has more equity in the project.

The project's internal number is P00001361 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe by early 2024, only 150 managed to obtain this license. 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 and also recommend approaching investments responsibly by diversifying one's investments. In the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.