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Residential building - Kostelec nad Labem
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Invest in a secured loan

Residential building - Kostelec nad Labem (12th phase)
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Kostelec nad Labem

Yield

8,1% 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 1,000
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The minimum investment indicates the lowest possible amount that can be invested in the project.

Maturity

18 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

60.62%
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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

You can no longer invest

Get to know the project

The loan was granted to the client for the purpose of the complete reconstruction of a residential building in Kostelec nad Labem, which was purchased by the client in cooperation with RONDA INVEST (the client was granted a previous loan for this purpose). The total loan framework, which will be gradually drawn down in tranches as the reconstruction progresses, amounts to CZK 11 million. Each tranche of the loan will be disbursed after the previous tranche has been verified (i.e. after assurance that the funds disbursed have materialized in the building and its appreciation has taken place). The reconstruction will result in modern housing in a historic house located on the central square in Kostelec nad Labem, which offers the tranquility of a smaller town with good accessibility to Prague. Based on the last inspection, the reconstruction process has shown considerable progress.

Description of Real Estate Collateral:

Residential building in Kostelec nad Labem
  • Basic description of the property: The loan is secured by an apartment building that was built between 1905 and 1906. The house was listed in 2004 as an immovable cultural monument. The building is built of brick, fully basemented, has two floors and a previously unused attic space. Together with the planned reconstruction, 9 residential units (8× 2+kk, 1× 3+kk) will be created in the apartment house.
  • Technical condition of the property: The property is undergoing complete renovation.
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INFORMATION ABOUT THE LOAN
AND THE BORROWER

Repayment frequency of principal:
according to the sales of units
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 11,000,000
Repayment sources:
proceeds from the sale of units in the subject of the loan security
Purpose of utilization:
reconstruction of a residential house in Kostelec nad Labem
Numerical designation of the loan
177
home

INFORMATION ABOUT THE LOAN
AND THE BORROWER

TOTAL VALUE OF SECURITY
CZK 18,970,140
Total collateral value:
residential building in Kostelec nad Labem
Location:
Kostelec nad Labem
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.