Unfortunately, this deal expired 03.03.2024
2 months ago

Twinhouse V

/ max. 70,000 

About This Deal

Project Twin House V from Lithuania is raising investments of 70,000 euros for Real Estate development with an expected annual return of 10.5-11.5%. The minimum investment amount is 100 euros.

The loan term is 12 months, meaning the period for the borrower to repay the borrowed amount and interest on the loan. In this case, the borrower must repay the loan within 12 months after receiving the loan.

The project's risk level on the platform is indicated as C. Around 9% of projects on the platform have ratings of "A+", "A", "A-", while the majority, about 58%, are rated "B+", "B", "B-". There are also projects with ratings of "C+", "C", "C-", comprising around 30%, with the remaining projects rated D. Ratings A and B indicate lower presumed investment risk compared to investing in loans rated C or D, but the returns will be correspondingly lower if you invest in projects with a lower risk level.

The project has a Loan-to-Value (LTV) ratio of 60%, which is within the set maximum value of 70%. The maximum permissible LTV value for the project is 85%, which may be a restriction or standard requirement for this type of financing.

Internal project number P00001134-5 on the licensed crowdfunding platform Profitus from Lithuania. The platform states that they obtained a license in November 2023 from the European crowdfunding regulator ESMA.

Please note, the platform states that this information should not be construed as a recommendation, indication, or invitation to use a specific investment service and should not be considered as 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 your investments. Crowdfunding is not prohibited in the European Union under the Deposit Insurance and Investor Responsibility Act.