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Apartment building - Nitra
Invest in a secured loan

Apartment building - Nitra (6th phase)

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Nitra - Mlynarce

Yield

7.316% 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.

Loan amount

CZK 81,000,000

Maturity

19 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

65.45%
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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


This is the third loan provided to a client who has long been active in property development in Slovakia. The client specialises primarily in the construction of family houses and apartment buildings, as well as in land development. The client is currently carrying out several projects, including developments in Nitra, Hviezdoslavov and Dunajská Streda. The proceeds from this loan will be used primarily for the construction of one apartment building comprising 48 residential units as part of the comprehensive development of the area. Part of the loan was used to acquire additional land for the expansion of parking facilities. Construction of three apartment buildings has already commenced on the collateral property, with two further buildings planned. The first two apartment buildings, financed by another bank, are at an advanced stage of construction and are scheduled for completion around the turn of the year. Demand for the apartments is strong, which has led the client to commence works on two additional buildings, in addition to the building financed by RONDA INVEST. As part of the further development of the entire area, part of the collateral may be replaced by other properties in the same location. The client has acquired adjacent plots where either additional parking facilities, including terraced parking, or potentially further smaller apartment buildings will be developed. The loan is being drawn down gradually in line with the progress of construction. A total of CZK 35,000,000 has currently been drawn down in several tranches.

Description of Real Estate Collateral

01

Residential Building Nitra

Collateral value CZK 120,287,560

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• Basic description of the property: The collateral consists of land plots on the outskirts of Nitra, near the Klokočina residential area, forming part of a planned residential complex. The plots are prepared for the construction of five apartment buildings and one parking garage and have a valid building permit together with the relevant zoning documentation. RONDA INVEST is financing the construction of one of the apartment buildings. Of the total 48 residential units in Building B3, 36 have already been reserved.

• Property value as of the date: CZK 120,287,560, based on a valuation dated 11 August 2023 and adjusted to reflect the completed construction works and the extension of the collateral.

• Second-priority lien: (first-priority liens are in favor of Ronda Invest a.s.)

• Location and surroundings: Nitra is one of the most important cities in western Slovakia, offering an attractive combination of urban living and good access to nature. The city provides a full range of civic amenities, including schools, shops, healthcare facilities, restaurants and cultural venues. Another advantage is its good transport connectivity to other parts of Slovakia, particularly towards Bratislava and Trnava. Nitra is known for its history, with Nitra Castle as a major landmark, as well as for a wide range of leisure opportunities. The location is suitable both for owner-occupied housing and for those seeking property in a well-developed regional city.

• Technical condition of the property: The land has a valid building permit for the construction of three apartment buildings, one terraced building and a parking structure. RONDA INVEST is financing the construction of one apartment building, which is currently approximately 20% complete. Foundation works have been completed and construction of the second above-ground floor is currently underway.
 
 
 
 

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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:
4
Legal form:
Slovak company (without negative information)
Amount of the provided loan:
CZK 81,000,000
Volume from the total loan amount offered for participation
CZK 10,000,000
Repayment sources:
Sale of apartments.
Purpose of utilization:
Construction of an apartment building in Nitra.
Numerical designation of the loan
345
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COLLATERAL
INFORMATION

TOTAL VALUE OF SECURITY
CZK 120,287,560
Total collateral value:
Apartment building - Nitra
Location:
Nitra - Mlynarce
Notarial record:
YES
LTV
* LTV takes into account previously provided loans.
* LTV includes loans already provided and further financing granted to the group, including its additional collateral.

Photogallery

kalkulacka CALCULATOR sipka
HOW MUCH DO YOU WANT TO INVEST?
CZK
FOR HOW LONG?
24 months
ON YIELD
9 % p.a.
EXPECTED YIELD
CZK
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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.