Zlota 71, Poland VII
Reasons to invest in the project Zlota 71, Poland VII:
- Attractive Returns: 11.5 – 12% p.a., paid monthly;
- Variable Capital Gains: up to 30% of the project's profit shared with investors;
- Loan-to-Value (LTV) Ratio: 56% (max. 70%), with a collateral value of EUR 7,998,093;
- Expected Profit: up to EUR 1,687,326;
- first-rank mortgage on project assets and a surety agreement.
The InRento team presents the seventh stage of the financing of the buy-to-let project in Poland – Zlota 71, Poland VII. The investment offer consists of a five-storey apartment complex with commercial premises, outdoor parking spaces, storage units and indoor garages in city Kalisz, Poland.
Kalisz – a city in central Poland, located in the Greater Poland (Wielkopolska) region. It’s widely considered one of the oldest cities in Poland.
The asset is a 5-minute drive or a 20-minute walk from the city’s Cathedral, providing future buyers with convenient access and excellent connectivity to the city center.
The financed project consists of a 10400 sq. m. plot of land and a building of 11210 sq. m., for which a building permit has been issued allowing the building to be divided into separate apartments and to be converted to residential premises.
The project will comprise 160 apartments with an average area of 53.46 sq. m., 6 commercial premises with an average area of 157.67 sq. m., 220 outdoor parking slots, 160 storage units and 5 indoor garages.
The projected sales value of the project is EUR 11,833,408.
The projected profit on the sale of the project is EUR 1,687,326, which would be shared between the project owner and the investors.
Since the last financing stage, windows have been installed in all apartments, and interior finishing, plumbing, and electrical installation works are ongoing.
Currently 66 project apartments are reserved.
The project is secured by a first-rank mortgage on the project’s assets and a surety agreement, with a loan-to-value (LTV) ratio of 56% (max. 70%). It offers a investors fixed monthly interest of 11.5% – 12% p.a. together with a profit share of up to 30% upon the final realisation of the property.
Please note that the mortgage for this project signed, thus the interest for this stage will start to accrue to the investors as soon as the money is actually disbursed to the project owner.
The maximum loan duration for this project is 10 months.
The project allows investors to earn a return on variable capital gains if the property is sold at a higher price. The investors' share of the profit (capital gains) until 30%.
Please note that investors are subject to an accounting tax on capital gains, which depends on the amount invested – the higher the amount invested, the lower the tax rate.
Read full information on pricing on this link.
2025-01-28
The mortgage agreement with the project owner has been successfully concluded and registered (the document can be found in the "Documents" section of the project description).
2024-11-04
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 3 November 2024.
This is stated in the Annex to the Special Terms and Conditions of the Loan Agreement, which can be found in the Documents section.
Interest on the third loan phase will start to accrue 4 days after the financing of the phase. Interest on the remaining financing phases will be calculated according to the standard terms.
Here you can find the complete payment history for this project. The list includes all payments made by the project owner, covering interest payments, principal repayments, capital gain payments, and any late payment fees.
Project payments table will be generated after the first payment by project owner is paid.
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