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Residential building Prague 8
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Invest in a secured loan

Residential building Prague 8 (5th phase)
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Prague - Liben

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 100,000
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The minimum investment indicates the lowest possible amount that can be invested in the project.

Maturity

16 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

49.36%
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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 an experienced developer who has already completed several projects. The client's current project involves converting a former hostel in Prague's Liben district into individual small flats for sale. Construction work has already commenced. The source of repayment will be the sale of the units to end owners, who can utilize them either for personal housing or for long-term or short-term rental purposes.

Description of real estate collateral:

Development project for the reconstruction of a hostel in Prague 8
  • Basic description of the property: A project to convert a hostel into individual small accommodation units. A total of 52 units will be created. The client has obtained a building permit, and there is currently consideration for building an extension onto the existing structure.
  • Lien in the 1st order.
  • Collateral values: CZK 43,500,000 as of December 20, 2023.
  • Technical condition of the property: Complete reconstruction of the property with minor modifications to the layout.
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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 27,000,000
Repayment sources:
sale of individual units in the project
Purpose of utilization:
refinancing of a bank loan, completion of a project
Numerical designation of the loan
256
home

INFORMATION ABOUT THE LOAN
AND THE BORROWER

TOTAL VALUE OF SECURITY
CZK 54,698,775
Total collateral value:
development project for the reconstruction of a hostel in Prague 8
Location:
Prague - Liben
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.