The Hare's House (The House of Bicycles) XX

The Hare's House (The House of Bicycles) XX project from Lithuania is raising investments of 140,000 euros for Real Estate development with an expected annual return of 10.5-12%. The loan term is 10 months, meaning the borrower must repay the loan amount and interest within 10 months after receiving the loan.

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

The project has a Loan-to-Value (LTV) ratio of 52%, which is within the maximum limit of 70%. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For instance, the lower the LTV, the lower the default risk, as the borrower has more equity in the project.

The internal project number is P00000744-20 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.

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 Profitus platform and also recommend approaching investments responsibly by diversifying your investments.