The Twinhouse XI project from Lithuania is raising investments in the amount of 184,200 euros with the aim of refinancing and an expected annual return of 8.6-10.6%. 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 has a Loan-to-Value (LTV) ratio of 58%, which is within the established maximum value of 70%.
The internal project number is P00001134-11 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 cannot be construed as a recommendation, indication, 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 your investments. In the countries of the European Union, crowdfunding is not prohibited by the Law on Deposit Insurance and Investor Responsibility.
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