Banking level of collateral

Činžovní dům Sovinec – 1st tranche (S2)

The partner aims to convert an already-owned property in Brno into an apartment building.

Basic yield
% p.a.
Total amount
mil. CZK
Collateral value
mil. CZK

About the project

After reconstruction, the building will have 17 residential units with basement units and three non-residential spaces. The partner has a valid building permit, and the construction will start in the first quarter of this year.

The apartment building will offer 15 flats with 1 + kk layout, three flats with 2 + kk layout, and 2 flats with 3 + kk layout. In most cases, the apartments will be smaller in size. According to the partner, there's a higher demand for smaller flats. Unlike the more expensive and larger properties, the smaller units will be quicker and easier to sell.

The funds raised will be used to refinance the current lender (acquisition loan) and to reconstruct the property.

  • Location: Brno-Styřice
  • Partner: Sovinec, s.r.o.
  • Financing: from the sale of the property securing the loan
  • LTV: 70%
  • Security: The loan totaling the first tranche of CZK 15,400,000 is secured by property worth CZK 22,000,000 (LTV 70%). At this stage of the first tranche, we are collecting CZK 4 004 000
Security of payment
  1. Lien on real estate: Land parc. no. 1599, which includes a technical building with no. p. 463, registered on LV: 6021 in the district of. Štýřice, municipality of Brno, district Brno-město
  2. Lien on the title deeds: Sovinec, s.r.o., ID No.: 17503167
  3. Personal guarantee: RICHARD SÁZAVSKÝ, date of birth: 5 May 1994
  4. Notarial deed with a clause of direct enforceability.
Financing of the project

After successful project financing, the partner has 24 months to repay the loan's principal.

Information on the partner's options for early repayment of the loan is provided in Part D, bullet point (d) of the Key Investor Information Sheet (KIIS).

Information regarding the risk score of the project can be found in the Risk Scoring Table.


Sovinec, s.r.o.

Identifier: 17503167

Address: Jiráskova 216/8, Brno, 602 00, CZ

Register: Sovinec, s.r.o., is registered in the Commercial Register under file number C 130366/KSBR, Regional Court in Brno.

More information about the partner:

The partner is a member of the VL&Partners Reality Consulting group. The services provided by the partner's group include services in development projects (dealing with investors, project documentation, engineering, contractual documentation, sales, negotiations with authorities), real estate (sales, rentals, auctions), financial services (project financing, insurance, investments) and property management. The project is led by Mr. Richard Sázavský, who has experience as a partner in the VL&Partners Reality Consulting group. Development projects in which the partner's group has been involved are listed on the official website of VL&Partners.

Frequently Asked Questions

When do I get paid my profit?

You will be paid the first profit one month after the amount you have collected has been sent to the project partner, and every month thereafter for the duration of the investment, always on the same day.

Is the interest rate fixed?

Yes, the interest rate is fixed, i.e. unchanging. We believe that the stability of the portfolio will bring more certainty to investors.

Is the investment secured by real estate?

Yes, the investment is secured by the property on which the lien is attached. Should any problem arise, the mortgage on the property will be used, the property will be sold and our investors will be paid.

What are the possible risks?

It may happen that your partner stops repaying his/her loan. At this point, we initiate recovery proceedings and demand payment of all debts. In the worst case scenario, the property on which the lien is placed may be sold and we will pay our investors a pro rata share based on how much they have invested.

What happens after I invest?

Your investment contributes to the amount you want. Once the amount is collected and the cooling-off period has elapsed, we sign the pledge agreements and send the amount to the partner, who then implements the project and makes monthly interest payments. Should the required amount not be collected, we return the full amount of your investment back to Investown's wallet.

What happens to the amount collected?

Once the full amount required is collected and the cooling-off period has expired, we sign the pledge agreements and send the amount to the partner, who then implements the project and makes monthly interest payments.

What if I want to end the investment before the full length of the investment has expired?

In case you need to end your investment early, you can offer it to other users on the Marketplace. Any verified user can buy it from you.

What happens after the investment period?

At the end of the investment period, all the money you invested will be returned to your Investown wallet, where you can either withdraw it to your bank account or reinvest it in a new project.