Wild lofts, Panevezys II

The investment project "Wild lofts, Panevezys II" from Lithuania is raising investments in the amount of 550,000 euros with a target annual return of 9-11%. The minimum investment amount is 100 euros.

The loan term is 12 months, which means 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 has a Loan-to-Value (LTV) ratio of 48%, which is within the established maximum value of 80%. The maximum allowable LTV value for the project is 85%, which may be a limitation or a standard requirement for this type of financing.

The internal project number is P00001423-2 on the licensed crowdfunding platform Profitus from Lithuania. The ESMA license is quite complex, as out of over 1000 platforms in Europe, only 150 were able to obtain this license by early 2024.

Please note that the platform states that this information 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 the Profitus platform and also recommend approaching investing responsibly by diversifying your investments. In European Union countries, crowdfunding is not prohibited by the Deposit Insurance and Investor Responsibility Law.