Unfortunately, this deal expired 30.05.2024
29 days ago

Tiramisu X

/ max. 503,000 

About This Deal

Project Tiramisu X from Latvia is raising investments in the amount of 503,000 euros for Real Estate development with an expected annual return of 10-14%. The loan term is 12 months, meaning the borrower must repay the loan amount and interest within 12 months after receiving the loan.

The project's risk level on the platform is indicated as B. Risk ratings are intended to provide a better understanding of the project's riskiness. Ratings A and B indicate that the expected investment risk is lower than investing in loans with ratings C or D, but the return will be lower accordingly if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 49%, which is within the established maximum value of 50%. LTV ratio (the ratio of the loan amount to the market value of the collateral) is an important indicator in the financial sector, especially in secured lending. In this case, an LTV of 49% indicates that the loan amount is 49% of the current market value of the collateral (likely real estate or another asset). Such LTV restrictions are set to reduce risks for the lender and ensure a more stable financial position of the project. For example, the lower the LTV, the lower the risk of default, as the borrower has more equity in the project.

Internal project number P00001061-11 on the licensed crowdfunding platform Profitus from Lithuania.

Please note that the platform states that this information 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 investment responsibly by diversifying your investments.

Hello friends! I'm a young tourist agent from Iceland and I'm curious about your thoughts on investing in a Real Estate development project from Latvia. How do you assess the opportunity for investment in this project?
What amount would you consider investing in this project?