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Unfortunately, this deal expired 04.06.2024
24 days ago
8

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

100 
/ max. 152,100 

About This Deal

The Hare's House (The House of Bicycles) XXV project from Lithuania is seeking investments of 152,100 euros for Real Estate development with an expected annual return of 10.5-12.5%. The loan term is 9 months, meaning the borrower must repay the loan amount and interest within 9 months of receiving the loan. The project's risk level on the platform is rated C. Ratings A and B indicate lower investment risk compared to investing in C or D rated loans, but the returns will be lower accordingly when investing in lower-risk projects.

The project has a Loan-to-Value (LTV) ratio of 59%, which falls within the maximum value of 70%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in finance, especially in collateral-based lending. In this case, an LTV of 59% indicates that the loan amount is 59% of the current market value of the collateral (likely real estate or another asset). The maximum allowable LTV for the project is 85%, which may be a restriction or standard requirement for this type of financing. LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position for the project. For example, lower LTV means lower default risk as the borrower has more equity in the project.

The project's internal number is P00000744-27 on the licensed crowdfunding platform Profitus from Lithuania. 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 platform and also recommend approaching investments responsibly by diversifying your investments. Crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law in EU countries.

Hey folks, why do you think putting money into this project in Lithuania is gonna be a good bet? Real Estate development sounds promising, but what makes this one stand out for you?
What amount do you consider adequate to invest in this project?