Reasons to invest in the project Monte Cassino 7, Poland RF II:
Attractive Returns: 9.25 – 10.5% p.a., paid monthly;
Fixed Capital Gains: 1.5% p.a., paid at maturity;
Loan-to-Value Ratio (LTV): 32% with collateral value of EUR 4,539,517;
High Demand: project located in the central part of Świnoujście – one of the most popular Baltic Sea resorts in Poland;
Investment Security: first-rank mortgage on project assets.
The InRento team presents the second financing stage of the buy-to-let project – Monte Cassino 7, Poland RF II. The investment proposal consists of a five-storey building, located in the central part of Świnoujście city, just 13 km away from the German border.
Świnoujście is one of the most popular Baltic Sea resorts in Poland and has one of the largest and most modern ferry terminals in Poland, with regular services to Denmark and Sweden.
The five-storey building will provide 25 – 40 sq. m. apartments for rent and at the same time, the building will include a gym, a sauna complex and a bicycle storage facility. The key benefit of this project – location. The building is only a few hundred metres from the passenger ferry 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.
Since the first financing stage these works were carried out: dismantling of the garage structure, demolition of the staircase, removal of the basement floor, protection of the ceiling and the wooden panels. The dismantling of the plumbing, sewage, electrical installations and air-conditioners was also carried out. Construction waste was removed from the site, the site was secured and was prepared for further works.
The owner of the project is HO-BU POLSKA Sp. z o.o. This Polish company has successfully managed several projects financed on the InRento platform. The company has been operating in the local market since 2017. Meanwhile, the related company – Ho-Bu Lietuva, UAB – has completed large conversion projects and developed tens of thousands of square metres of buy-to-let properties. More about the company and its activities can be found on their website.
Investors will be paid a fixed monthly interest of 9.25% – 10.5% 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 total yield for this phase from 10.75% to 12% annual return.
The loan-to-value (LTV) ratio for this project is very attractive – 32%.
The maximum loan duration for this project is only 24 months.