Successfully
paid off
EUR investment
Prague 7 - Letná
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
Meet the loan client:
The loan was provided to a Czech company for reconstruction of an apartment building in Prague 7 – Letná and refinancing liabilities to another financial institution. The company owner has long been successful in reconstruction of tenement buildings in Prague and has completed several similar projects. The apartment building also serves as collateral.
The collateral consists of 27 apartment units and 1 non-residential unit in an apartment building in Prague-Letná (cadastral area Holešovice). The building is in a sought-after residential area with excellent amenities. It has 1 underground floor, 4 above-ground floors and an attic. The units have layouts from 1+kk to 3+kk and a total usable area of 1,480 m2 plus 106.3 m2 of balconies and terraces. The collateral value as of 24 September 2020 was CZK 70,000,000; the expected future value after completion is CZK 181,000,000. Repayment sources are sales of the units and other development activity around the applicant.
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.
