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Rychnovská Residence
The main intention of the partner is to build a residential complex in Jablonec nad Nisou. The partner will use the funds raised to complete the reconstruction of the apartment building and all 5 apartment units, which it plans to sell to private ownership.
About the project
Summary
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/
Project financing
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.
Partner
Rezidence Rychnovská s.r.o.
ID No.: 14003741
Address: 28. října 372/5, 110 00 Prague
registered in the Commercial Register maintained by the Municipal Court in Prague, under file No. C 358707/MSPH.
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.
