The client obtained a second loan to complete a project involving the construction of family houses in Nova Ves near Ceske Budejovice. In the initial phase, a loan of CZK 10 million was provided, and the client invested this amount alongside a substantial portion of their own resources into the project. The current loan will be utilized to finalize the project and will be repaid through the sale of semi-detached family houses to end clients. The borrower's primary activities, focused on property development, construction industry, and flooring, generate consistent income, ensuring a robust payment record.
Description of real estate collateral:
Semi-detached family houses under construction
- Lien in the 2nd order (the liens in the earlier order are in favour of RONDA INVEST).
- Collateral values: CZK 57,136,743 as of March 5, 2024
- Location and surroundings: The houses are situated in the village of Nova Ves, only 3.5 km from the regional town of Ceske Budejovice. The village features convenient transportation with both bus and train stops. Additionally, there are multiple bus stops and a bus station within the village.
- Technical condition of the property: semi-detached family houses at a high stage of construction.
Description of Real Estate Collateral
- Basic Property Description: The property is a family house located in Hořovice, which the client acquired through a public state auction. The house is currently in its original condition and is awaiting renovation.
- Property Value as of: CZK 6,300,000, according to a valuation dated 9 October 2025.
- First-ranking mortgage lien
- Location and Surroundings: Basic amenities are within walking distance, and a bus stop is located approximately 200 metres from the property.
- Technical Condition of the Property: The family house is currently vacant. A comprehensive renovation of the property is planned, followed by its conversion into several compact residential units.
- Basic Property Description:
- Property Value as of:
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings:
- Technical Condition of the Property:
- Basic Property Description: A residential building located in the centre of Hořovice comprising 12 compact residential units.
- Property Value as of: CZK 18,800,000, according to a valuation dated 13 February 2024.
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings: Basic amenities are within walking distance, and a bus stop is located approximately 200 metres from the property.
- Technical Condition of the Property: The residential units are equipped with modern features, including remote-controlled heating.
- Basic Property Description: A residential building comprising two above-ground floors, two building wings, a converted attic, and a partial basement.
- Property Value as of: CZK 23,641,186, according to a valuation dated 29 April 2025.
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings: Roudnice nad Labem is a smaller town within commuting distance of Prague, offering a direct railway connection to the capital and convenient access to the D8 motorway.
- Technical Condition of the Property: The property is currently undergoing renovation, primarily of the first (front) building wing, and is approximately 20% complete. Upon completion, the building will comprise 22 rental apartments with a total usable floor area of 1,154 m².