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Unfortunately, this deal expired 22.05.2024
4 months ago
8

Service premises on Basanaviciaus Street IV

110,200 
/ min. 100 

Real Estate Development

The project "Service premises on Basanaviciaus Street IV" from Lithuania is raising investments in the amount of 110,200 euros for Real Estate development with an expected annual return of 11.5-13.5%. The minimum investment amount is 100 euros.

The loan term is 12 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 12 months after receiving the loan.

The project's risk level on the platform is indicated as C. 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 74%, which is within the established maximum value of 85%. The maximum allowable LTV value for the project is 85%, which may be a limitation or standard requirement for this type of financing. Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

The internal project number is P00000997-4 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the information on the platform cannot 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 investment responsibly by diversifying your investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

What are your thoughts on the possibility of investing in this project, considering my limited experience in investment activities and the project's goal of Real Estate development in Lithuania?
What amount do you consider adequate to invest in this project?