Real Estate Investing
The project Winners' Apartments at 5A Nugaletoju str. from Lithuania is seeking investments of 246,100 euros for Real Estate acquisition with an expected annual return of 10-14%. The minimum investment amount is 100 euros.
The loan term is 12 months, meaning the period for the borrower to repay the loan amount and interest. 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 rated C+. An A or B rating indicates a lower expected investment risk compared to investing in loans with a C or D rating, but the returns will be lower if you invest in projects with lower risk levels.
The project has a Loan-to-Value (LTV) ratio of 68%, which is within the set maximum value of 68%.
The internal project number is P00001189-2 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. The ESMA license is quite complex, as out of over 1000 platforms in Europe at the beginning of 2024, only 150 managed to obtain this license.
Please note, the platform specifies that this information should not 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 your investments. I agree with Profitus platform and also recommend approaching investing responsibly by diversifying your investments.
