.png)
Pozemky Hradištko – 1st tranche (S2)
The partners aim to purchase land in the village of Hradištko, located between the Vltava and Sázava rivers in the Prague-West district.
About the project
The town has over 2,400 inhabitants. The land is located in the south-eastern outskirts of Hradištko, locally called Rajchardov. The neighborhood consists of old and modern detached houses. This newly established, developing urban residential area has numerous green areas in gardens and public spaces.
There is a basic range of goods and services (nursery, school, restaurant, grocery, specialty shops, small craft shops, sports facilities, etc.) within walking distance of the land within the village center. Full civic amenities are within the broader center of Prague, and the commute time is approximately 20 minutes.
No buildings or mature greenery are on the land, and it is ready for future development. The land set is connected to the on-site utilities in ranges V and E, and the parcel has a retention tank. A paved road with public lighting leads to the parcels.
After the land purchase, the partners intend to obtain planning and building permits and to realize a development project of 5 semi-detached houses.
Security of payment
The loan in the total amount of CZK 17,100,000 is secured by a property worth CZK 28,500,000 (LTV 60%). At this stage, we are collecting CZK 4 446 000
Security:
- Lien on real estate: Land parc. no. 90/28, 90/34, 90/35, 90/33, 90/67. Registered on LV 3673, 3714, 3713 in the district of. Hradištko pod Medníkem
- Lien on the business share: Umdo development s.r.o., ID: 19896808 AdayTema s.r.o., ID No.: 09131558
- Personal guarantee: BAŞAR DOGA ŞEKER, born on 7 September 1981 ZIYA UMUT ALTINOK, born on 15 September 1981
- Notarial deed with direct enforceability clause
Project financing
After successful project financing, the partner has 42 months to repay the loan's principal.
The partner will finance the project from the sale of the property.
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.
Partner
Frequently Asked Questions
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.
Yes, the interest rate is fixed, i.e. unchanging. We believe that the stability of the portfolio will bring more certainty to investors.
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.
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.
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.
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.
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.
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.
