Description of Real Estate Collateral
- Basic property description: The apartment building in the centre of Hořovice comprises 12 small residential units. The property includes a courtyard with parking for several vehicles. The apartments are equipped with modern technologies, including remote heating control. The project is currently in the unit sales phase.
- Property value as of the valuation date: CZK 18,800,000, based on a valuation dated 13 February 2024.
- First-ranking lien.
- Location and surroundings: Hořovice is located in the Central Bohemian Region, approximately between Prague and Plzeň, with good transport accessibility due to its proximity to the D5 motorway. The town offers a full range of civic amenities, including schools, healthcare facilities, shops, restaurants and sports facilities. Another advantage is the railway connection, which provides convenient travel to Prague and other towns in the region. The surrounding area offers ample greenery and opportunities for hiking, cycling and other leisure activities. The location therefore combines the amenities of a smaller town with good accessibility and proximity to nature.
- Technical condition of the property: The building has been completed and the apartments are currently being sold.
- Basic property description: The property is located in a masonry building dating from 1930, which underwent a complete renovation in 2019. The building has a pitched roof, is well maintained and is connected to all utility networks. The residential unit is equipped with three bathrooms, a fitted kitchen, plastic windows and ceramic tiling. Heating is provided by a gas boiler, while hot water is supplied by an electric water heater. Parking is available on the plot behind the building. The unit has been renovated.
- Property value as of the valuation date: CZK 6,300,000, based on a valuation dated 15 February 2024.
- First-ranking lien.
- Location and surroundings: Hořovice is located in the Central Bohemian Region, approximately between Prague and Plzeň, with good transport accessibility due to its proximity to the D5 motorway. The town offers a full range of civic amenities, including schools, healthcare facilities, shops, restaurants and sports facilities. Another advantage is the railway connection, which provides convenient travel to Prague and other towns in the region. The surrounding area offers ample greenery and opportunities for hiking, cycling and other leisure activities. The location therefore combines the amenities of a smaller town with good accessibility and proximity to nature.
- Technical condition of the property: Renovated residential unit.