The client has been active in land development and the implementation of property development projects since 1996. Over more than twenty years of experience, he has successfully completed a number of residential and specialised projects, including land development in Kunratice, the construction of family houses in Trnová, and a senior housing project. The client is currently continuing the development of a residential area in Předboj near Prague, where 18 villas have already been built. Three of them still require mainly exterior landscaping and final fit-out before being offered for sale. In the next phase of the project, the client plans to construct eight villa-style houses. The original building on the site has already been demolished, the land has been subdivided into individual plots, and preparations for the building permit are currently underway. The client has long focused on the premium residential segment, which is also reflected in the additional collateral securing the loan. This consists of land in Trnová, where the client plans further development after completion of the Předboj project. The financing is provided in the form of a loan drawn down in tranches according to the progress of the project. A total of CZK 115,000,000 has currently been drawn down.
Description of Real Estate Collateral
- Basic Property Description: A group of land plots in the cadastral area of Trnová u Jíloviště with a total area of approximately 16,000 m². According to the local zoning plan, the plots are designated as developable areas, partly for residential use and partly for civic amenities. In 2006, a building permit was issued for the construction of a residential complex with services for senior citizens.
- Property Value as of: CZK 72,700,000, based on a valuation dated 15 July 2024.
- First-ranking mortgage lien.
- Location and Surroundings: The municipality of Trnová offers peaceful living in an attractive location near Prague, surrounded by nature and green spaces. Thanks to its excellent accessibility to the capital city, it is an ideal choice for those seeking to combine the convenience of urban living with a pleasant rural environment. Basic amenities are available within the municipality, while additional services can be found in nearby towns and villages. The area provides a wide range of opportunities for outdoor recreation, including hiking, cycling, and relaxation in nature. Trnová is a sought-after residential location due to its tranquil atmosphere, safe environment, and proximity to Prague.
- Technical Condition of the Property: The land plots have an approved building permit for the construction of a residential complex with services for senior citizens, while part of the site is designated for future individual residential development. The total area of the land is 16,000 m².
- Basic Property Description: Land in the municipality of Předboj comprising three detached villas and a family house intended for demolition. The villas are completed, with only minor finishing works remaining. Each villa has a 6+kk layout, a usable floor area ranging from 316 to 326 m², and has been finished to a high standard. Each property includes a double garage and an outdoor swimming pool. The individual plots range in size from 1,140 to 1,250 m², have direct access from a public road, and are connected to the public water supply, sewerage system and electricity network. The properties are located in a newly developed residential area. The plot with the family house intended for demolition has already been subdivided into individual parcels, on which the construction of a further eight villas is planned.
- Property Value as of: CZK 118,500,000, according to a valuation dated 19 August 2024.
- First-ranking mortgage lien
- Location and Surroundings: The municipality of Předboj offers peaceful living in a pleasant rural setting on the northern outskirts of Prague. The location is particularly attractive due to its combination of privacy, abundant green spaces, and excellent accessibility to the capital city. Basic amenities are available within the municipality, while a broader range of services can be found in nearby towns and Prague districts. Residents with an active lifestyle will appreciate the proximity to nature, cycling routes, and opportunities for walking and recreational sports. Předboj represents an ideal choice for those seeking quiet family living with convenient access to Prague city centre.
- Technical Condition of the Property: The family houses are nearing completion. Each house includes a double garage and an outdoor swimming pool. The plots range in size from 1,140 to 1,250 m² and are connected to the public water supply, sewerage system and electricity network. Project documentation for the planned use of the site has been prepared, and the building permit application is ready for submission.
CALCULATOR
