The loan was provided to a group engaged in the development of residential real estate in Slovakia, where they have several similar projects underway. The group is an experienced developer that has completed several, primarily residential, projects in Slovakia. This is the first loan granted to this group.
The client used the loan to develop a residential project in Nitra, in collaboration with a Slovak bank. The primary source of income for the client to repay the loan is their extensive activity in property development and the sale of residential and commercial real estate. The land plots are located in a sought-after area with excellent access to Bratislava.
Description of the real estate collateral:
10 building plots for the construction of family houses in the village of Hamuliakovo.
- Lien in the 1st order
- Location and surroundings: The land plots are located in a newly developed area of the village of Hamuliakovo in the Bratislava Region, with excellent access to the capital city.
- Technical condition of the property: Serviced plots ready for the construction of family houses.
- Property value as of August 10, 2023: CZK 31,616,850 (the property value has been converted according to the exchange rate of the Czech National Bank on the loan disbursement date).
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.