This financing is for an extension of the loan term. The loan was originally provided for acquisition activities, which have since been completed. Repayment sources come from rental income from real estate and economic consulting related to government and EU grants. The borrower’s consulting clients include municipalities, cities, and smaller businesses. In collaboration with nonprofit organizations, the client also undertakes social housing projects. The collateral is a partially renovated 2-room apartment in Prague Hostivar.
Description of real estate collateral:
An apartment unit in Prague - Hostivar
- Basic property description: The apartment unit is located on the 5th floor, with an area of 42.10 m². The layout is 2+kk (2 rooms with a kitchenette).
- Lien in the 1st order
- Property value as of August 26, 2022: CZK 4,400,000.
- Location and surroundings: Prague - Hostivar.
- Technical condition of the property: The apartment unit in a panel residential building is in good condition. Renovations have been done in the past, including updates to the bathroom and living rooms, replacement of flooring, and installation of new interior doors and frames. The residential building has also undergone continuous revitalization, with new plastic windows installed, common areas modernized, and a new elevator added.
Description of Real Estate Collateral
- Basic Property Description: The property is a family house located in Hořovice, which the client acquired through a public state auction. The house is currently in its original condition and is awaiting renovation.
- Property Value as of: CZK 6,300,000, according to a valuation dated 9 October 2025.
- First-ranking mortgage lien
- Location and Surroundings: Basic amenities are within walking distance, and a bus stop is located approximately 200 metres from the property.
- Technical Condition of the Property: The family house is currently vacant. A comprehensive renovation of the property is planned, followed by its conversion into several compact residential units.
- Basic Property Description:
- Property Value as of:
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings:
- Technical Condition of the Property:
- Basic Property Description: A residential building located in the centre of Hořovice comprising 12 compact residential units.
- Property Value as of: CZK 18,800,000, according to a valuation dated 13 February 2024.
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings: Basic amenities are within walking distance, and a bus stop is located approximately 200 metres from the property.
- Technical Condition of the Property: The residential units are equipped with modern features, including remote-controlled heating.
- Basic Property Description: A residential building comprising two above-ground floors, two building wings, a converted attic, and a partial basement.
- Property Value as of: CZK 23,641,186, according to a valuation dated 29 April 2025.
- Second-ranking mortgage lien. The higher-ranking mortgage lien is held in favour of Ronda Invest a.s.
- Location and Surroundings: Roudnice nad Labem is a smaller town within commuting distance of Prague, offering a direct railway connection to the capital and convenient access to the D8 motorway.
- Technical Condition of the Property: The property is currently undergoing renovation, primarily of the first (front) building wing, and is approximately 20% complete. Upon completion, the building will comprise 22 rental apartments with a total usable floor area of 1,154 m².