Successfully
paid off
Prague - Smíchov
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.
Loan amount
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
Max. investice
In October 2019 RONDA INVEST provided a loan to two Czech companies for reconstruction of a beautiful apartment building in a popular location in Prague-Smíchov and refinancing liabilities to another financial institution. The building, with its distinctive fresco, also secures the loan.
The companies belong to an experienced real estate entrepreneur who has operated in this segment for almost 20 years and specialises mainly in Prague properties. The reconstructed apartment building is in Prague 5 – Smíchov, about a 10-minute walk from Nový Smíchov shopping centre and Anděl metro station. It has 1 underground and 6 above-ground floors, 29 apartment units and 1 non-residential unit, with a total usable area of 1,665 m2. The collateral value as of 25 February 2020 was CZK 99,700,000; the future value after completion is CZK 180,700,000. Repayment sources are sales of the reconstructed units and other development activity within the client’s group.
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.
