The client has long focused on purchasing investment properties, renovating them, and reselling them. Several loans have been provided to the client in the past, all of which were repaid without issue. Currently, the client has two active loans for a project in Tábor. The newly provided financing is intended to cover the purchase price of adjacent land, which was refinanced from the first loan, and to begin construction of garages on the land in a developing area. The land is located on the outskirts of Tábor, adjoining new residential and apartment developments.
Description of real estate collateral:
Land in Tabor
- Basic property description: Land with a total area of 3,370 m² located on the outskirts of the city of Tábor. The property is part of an area featuring family homes and small apartment buildings.
- Lien in the 2nd order (Prior liens are held in favor of Ronda Invest a.s.)on portions of the land designated for residential construction, lien in the 1st order on the land designated for planned garage construction.
- Property value as of April 24, 2024: CZK 18,500,000.
- Location and surroundings: Tábor is a city with growing demand for modern residential development, creating a need for quality parking spaces.
- Technical condition of the property: The land is pending a building permit and, according to zoning information, is primarily designated for residential use in multi-story buildings, as well as for civic amenities (land designated for garage 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.