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Residential units - Prague 10 - Vrsovice

Invest in a secured loan

Residential units - Prague 10 - Vrsovice (3rd phase)
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Prague 10 - Vrsovice

Yield

8,555% p.a.
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The return represents the amount of money you get for the capital invested. It indicates the difference between the final value of the investment and the capital employed.

p.a. means per annum, i.e. yield calculated on an annual basis.

Example:

You invest CZK 10,000 with a return of 10% p.a. We will pay you the income in a proportional amount every month, you will get a total of CZK 1,000 in income per year.

Min. investment

CZK 10,000
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The minimum investment indicates the lowest possible amount that can be invested in the project.

Maturity

4 months
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The maturity date indicates the binding date by which the loan will be repaid and when your investment ends.

After this date, we will send the original invested amount to your account along with the last return.

LTV

62.41%
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LTV = Loan to Value
(translated as “loan to value”)

LTV indicates the ratio of the property’s value to the loan’s value. The lower the LTV, the higher the collateral.

LTV calculation = loan amount / estimated market price × 100

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Get to know the project


The client is a company specializing in investment opportunities within the real estate development sector, encompassing the construction of smaller greenfield projects and renovating existing structures. This marks the second tranche of the loan, intended to advance further a residential unit project in Prague's Vrsovice district. The project entails constructing two loft apartments and expanding the ground floor of an apartment building to accommodate three additional units, resulting in attractive, modern living spaces in a highly desirable location.

The company's owners are actively involved in both residential and commercial development, including retail park ventures. Additionally, one of the owners specializes in interior design. The client's revenue streams primarily stem from development projects and design contracts.

Description of Real Estate Collateral:

5 residential units under construction in Prague - Vrsovice
  • Lien in the 1st order
  • Value of the property as of the date: CZK 20,850,000 as of January 12, 2024.
  • Location and surroundings: Prague - Vrsovice - in the northern part of the city in the neighborhood of Vinohrady.
  • Technical condition of the property: Under construction.
Residential unit of 3kk layout in a residential complex in Prague - Cimice
  • Lien in the 2nd order (the lien in the earlier order is in favor of another entity).
  • Value of the property as of March 17, 2023, is CZK 9,500,000.
  • Location and surroundings: All civic amenities and public transport stop with excellent access to the city center.
  • Technical condition of the property: The property is in very good condition.
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INFORMATION ABOUT THE LOAN
AND THE BORROWER

Repayment frequency of principal:
in one lump sum on the final maturity date of the loan
Repayment frequency of interest:
monthly
Repayment ethics:
seamless (all previous instalments duly paid)
Number of guarantors/co-debtors:
2
Legal form:
Czech company (without negative information)
Amount of the provided loan:
CZK 20,975,000
Repayment sources:
income from development and design contracts
Purpose of utilization:
property purchase and construction
Numerical designation of the loan
211
home

INFORMATION ABOUT THE LOAN
AND THE BORROWER

TOTAL VALUE OF SECURITY
CZK 30,350,000
Total collateral value:
5 residential units under construction in Prague-Vrsovice - Vrsovice and a Residential unit in Prague-Cimice
Location:
Prague 10 - Vrsovice
Notarial record:
YES
kalkulacka CALCULATOR sipka
HOW MUCH DO YOU WANT TO INVEST?
CZK
FOR HOW LONG?
24 months
ON YIELD
9 % p.a.
EXPECTED YIELD
CZK

The calculator calculation is based on a model example of a one-time repayment loan investment (full principal repayment at the end of the loan term). Returns are paid to investors monthly, and the calculator does not consider reinvestment. The actual performance of the investment may differ from the model example. It represents gross yield, subject to taxation. At RONDA INVEST, there are no entry fees or regular fees.