Family Houses Hviezdoslavov (11th phase)

The client is an investor and developer with extensive experience in the development and construction of residential real estate (both single-family houses and apartment buildings). He primarily focuses on western Slovakia, where he has successfully completed several projects. Currently, he is working on projects in Hviezdoslavov (near Bratislava), Dunajská Streda, and Nitra. The subject of the financing is a project in Hviezdoslavov, where he is developing a total of 56 family houses. The project is being carried out in several phases: some of the properties have already been completed and sold, some are being retained for rental purposes, and others are still under construction. Originally, the collateral consisted of eight semi-detached houses (the client has already sold four of them) and one plot of land with a partially completed detached family house in Hviezdoslavov (close to completion). These are single-storey bungalows without basements. Final building approval was granted in 2024. Each house has four rooms, a living area connected to the kitchen and dining area, a utility room, a bathroom, and a separate toilet. Each property also includes a terrace, fencing, and paved parking spaces. The collateral also includes a neighboring plot of land with an area of approximately 600 m² with a partially completed detached family house. Of the originally drawn loan amount, the current outstanding principal is EUR 840,000.