EUR investment
Nitra
Yield
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
The minimum investment indicates the lowest possible amount that can be invested in the project.
Maturity
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
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
The client has more than 20 years of experience in real estate development. They focus on property renovations in Nitra and the surrounding area of Bratislava. The purpose of the loan is to purchase an office building in the center of Nitra. The plan is to gradually reconstruct the building into 8 loft-style residential/apartment units and 1 non-residential space. The loan will be drawn in tranches. The first tranche was used to refinance part of the client’s own funds that were used to acquire the property in the center of the Slovak regional city of Nitra. These funds will be used to kick-start the project of transforming the building into loft-style housing and a commercial space. The client is currently completing a similar reconstruction on a nearby street, where they have renovated 12 residential and non-residential units, which are being gradually sold. The financed property, where the loft apartments will be developed, is located in the very center of the city, in close proximity to the Andrej Bagar Theatre.
Approved loan facility: EUR 665,000 – currently drawn tranche: EUR 400,000.
Description of Real Estate Collateral
Building for future loft housing in Nitra
Collateral value EUR 600,000
• Basic property description: Currently an office building in the center of Nitra with three above-ground floors, intended for complete reconstruction and conversion into 8 residential units and 1 non-residential space. The built-up area is 178 m² per floor (approximately 712 m² in total). The building will be converted into 8–9 loft-style apartments and one non-residential unit. The total area of the residential units will be approximately 500 m² (plus balconies), and the non-residential space will be approximately 95 m².
• Property value as of the date: EUR 600,000.00, determined by an expert valuation
• First-ranking mortgage lien
• Location and surroundings: Nitra is one of the oldest and historically most significant cities in Slovakia, located on the Nitra River in the western part of the country. The city is an important regional center with full civic amenities, developed infrastructure, and good connections to Bratislava and other major cities. Nitra is known for its rich history, with the Nitra Castle being a dominant landmark and one of the most important historical monuments in the country. The Slovak University of Agriculture in Nitra also plays a significant role, contributing to the city’s vibrant student atmosphere. Thanks to its combination of history, services, job opportunities, and accessibility, Nitra is an attractive location for both living and real estate investment.
• Technical condition of the property: The building requires complete reconstruction.
CALCULATOR
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.
