Monte Cassino 7, Poland II
Reasons to invest in the project Monte Cassino 7, Poland II:
- The financed property is located in the central part of Świnoujście;
- Świnoujście is one of the popular Baltic Sea resorts, which has one of the largest and most modern ferry terminals in Poland;
- Interest is payable monthly with a very attractive annual return of 9% – 9.5%, plus an additional fixed annual return on capital gains: +1.5% (payable at the end of the project);
- Fixed interest linked (indexed) to inflation;
- The loan to value (LTV) for this stage of the project is 38%, the maximum LTV for the whole project is very attractive at 49%;
- The premises were valued by an independent valuer at EUR 1,855,260 (converting 1 PLN = EUR 0.22);
- The potential currency exchange rate risk is borne by the project owner – HO-BU POLSKA Sp. z o.o.
InRento team presents the second stage of financing of the buy-to-let project – Monte Cassino 7, Poland II.
The investment offer consists of a five-storey building with a basement with a total area of 2022 m², located in the central part of Świnoujście, which is just 13 km away from the German border.
This building will be modernised and reconstructed. The plan is to develop 25 m² and 40 m² apartments for rent. Renovation works will initially be carried out, including facade renewal, replacement of window frames, plumbing and electrical systems. Subsequently, the apartments will be partially fitted out on all floors of the building. The living space of the building is not encumbered by complex technical solutions. This allows for the use of the most efficient and sought-after housing solutions.
Świnoujście is one of the more popular Baltic Sea resorts and has one of the largest and most modern ferry terminals in Poland, with regular services to Denmark and Sweden.
The key benefit of this project is its location. The building is only a few hundred metres from the passenger terminal, with a supermarket, a spa park, a school and a kindergarten nearby. The beach is also close by – 1.6 km. from the property.
The owner of the project is HO-BU POLSKA Sp. z o.o. This company is successfully managing another buy-to-let project in Poland funded by the InRento platform, called Green 27, Poland. Meanwhile, the related company, Ho-Bu Lietuva, UAB, has completed large conversion projects in Vilnius and developed tens of thousands of square metres of rental property. More about the company and its activities can be found on their website.
Investors will be paid a fixed monthly interest of 9% – 9.5% per annum, depending on the amount invested.
This project also has a fixed annual capital growth rate of 1.5%, payable at the end of the project. This raises the overall yield of this phase from 10.5% to 11% annual return.
The maximum loan duration for this project is only 18 months. The maximum loan-to-value (LTV) ratio for this project is very attractive at 49%.
This project has a fixed annual return on capital gains –
The capital gains are fixed and payable together with the repayment of the loan amount for the preceding instalment ("Instalment"), with the return for each successive Instalment being added to the calculation of the return. The Instalment shall be considered as per one calendar year. A fixed increment of 1.5% shall be applied to the Instalment.
Example calculation: If the Loan is repaid after one year, a fixed return of 1.5% applies. If the Loan is repaid after 18 months, a fixed return of 2.25% applies.
This project will be funded in four stages.
2025-04-25
We are pleased to announce that the project – Monte Cassino 7, Poland, has been fully realized.
The investment offer consisted of of a five-storey building with a basement with a total area of 2022 m², located in the central part of Świnoujście, which is just 13 km away from the German border. Świnoujście is one of the popular Baltic Sea resorts, which has one of the largest and most modern ferry terminals in Poland.
The total average annual return to investors in this project was higher than expected, reaching 10.99% instead of 10.5%.
The disbursement of funds is currently underway and will be distributed within 2 working days.
2023-11-30
We would like to inform you that due to the longer than expected delay in the process of pledging the property to the investors, it has been agreed with the project owner that the interest for those who have invested in the first and second phases of the project will start to accrue as of 1 December of this year.
This is stated in the annex to the Special Terms and Conditions of the Loan Agreement, which can be found in the documents section.
For investors in the third and remaining phases, interest on the third and remaining phases will start to accrue on the day after the financing of the project phase.
