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Unfortunately, this deal expired 18.06.2024
10 days ago

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

/ max. 150,000 

About This Deal

The Hare's House (The House of Bicycles) XXVI project from Lithuania is seeking investments of 150,000 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 has a Loan-to-Value (LTV) ratio of 59%, which is within the maximum limit of 70%. LTV ratio is an important financial indicator, especially in mortgage lending, representing the loan amount as a percentage of the collateral's market value. 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.

The project's internal number is P00000744-29 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 portfolio. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

Hey guys, what do you think makes this project a good investment opportunity? What aspects of the project do you find most appealing for potential investors?
What amount do you consider reasonable to invest in this project?