In February this year, Rezidence Rychnovská, s.r.o. bought a building for reconstruction with a building permit in Jablonec Kokonín. The main intention of the partner is the construction of a residential complex in Jablonec nad Nisou near the Jizera Mountains with a number of interesting places (ski resort Bedřichov, Ještěd mountain, Maloskalsko nature park). There will be a choice of 5 flats from 3+kk and 4+kk and each unit will have a separate entrance, terrace or balcony and a garden.
This loan is secured by the building in question.
Project reference links: https://rezidencerychnovska.cz/
Once the project is successfully financed, the partner has 9 months to complete the renovation in order to repay the project principal, which will be paid from the sale of the property securing the loan.