Unfortunately, this deal expired 03.03.2024
2 months ago

Terramisu VII

/ max. 100,000 

About This Deal

The Terramisu VII project from Latvia is raising investments of 100,000 euros for Real Estate development with an expected annual return of 11.3-13.8%. The loan term is 12 months, meaning the borrower has to repay the loan amount and interest within 12 months of receiving the loan. The project's risk level on the platform is indicated as C. About 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, around 58%, have ratings of "B+", "B", "B-". Projects with ratings of "C+", "C", "C-" account for approximately 30%, with the rest falling under D. Projects rated A and B imply lower investment risk compared to investing in C or D-rated loans, but the returns will be lower correspondingly when investing in lower-risk projects.

The project has a Loan-to-Value (LTV) ratio of 47%, which falls within the maximum limit of 50%. The LTV ratio (the ratio of the loan amount to the market value of the collateral) is a significant indicator in finance, especially in collateral-based lending. An LTV of 47% indicates that the loan amount is 47% of the current market value of the collateral (likely real estate or another asset). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For instance, lower LTV implies lower default risk because the borrower has more equity in the project.

The internal project number is P00001061-8 on the licensed crowdfunding platform Profitus from Lithuania. Please note that the platform specifies this information 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. Investment always carries the risk of losing part or all of the investments. I agree with Profitus and also recommend approaching investments responsibly by diversifying your portfolio. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Guarantee and Investor Compensation Law.