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Unfortunately, this deal expired 19.04.2024
1 month ago
8

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

100 
/ max. 90,000 

About This Deal

The Hare's House (The House of Bicycles) XXIII project from Lithuania is seeking investments of 90,000 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 of receiving the loan. The project's risk level on the platform is rated as C. Projects with ratings of "A+", "A", "A-" account for about 9% on the platform, while projects with ratings of "B+", "B", "B-" make up the majority at 58%. There are also projects with ratings of "C+", "C", "C-", which are fewer at around 30%, and the remaining projects have a rating of D. Ratings A and B indicate lower expected investment risk compared to investing in loans with ratings C or D, but the returns will be lower if investing in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 56%, which is within the established maximum value of 70%. The internal project number is P00000744-25 on the licensed crowdfunding platform Profitus from Lithuania. It is important to 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 investment responsibly by diversifying investments.

What do you think about the prospects of investing in this project focused on Real Estate development in Lithuania, considering I have already invested in three projects from Paris as a student investor?
what amount do you think is reasonable to invest in this project?