The House of Bicyclists (The House of the Hare) XXI

The House of Bicyclists (The House of the Hare) XXI project from Lithuania is seeking investments of 70,000 euros for Real Estate development with an expected annual return of 10.5-12%. The minimum investment amount is 100 euros.

The loan term is 10 months, meaning the borrower has to repay the borrowed 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%, have ratings of "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, and the rest are rated D. Risk ratings are provided to better understand the project's level of risk. A and B ratings 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 52%, which is within the maximum limit of 70%.

The internal project number is P00000744-21 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.

Please 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.