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Unfortunately, this deal expired 24.06.2024
1 month ago

The Hare's House (The House of Bicyclists) XXVII

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Real Estate Development

The Hare's House (The House of Bicyclists) XXVII project from Lithuania is seeking investments of 75,000 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 borrowed 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%. The internal project number is P00000744-30 on the licensed crowdfunding platform Profitus from Lithuania. The platform indicates that they obtained a license in November 2023 from the European crowdfunding regulator ESMA. 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 investing responsibly by diversifying investments. In the countries of the European Union, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.

What makes you consider the opportunity to invest in this project, in your opinion, as a high-level professional in a different financial sector and an amateur investor from Hamburg, regarding the Real Estate development project from Lithuania?
How much money would you be willing to invest in this project if all factors are favorable?