A property in the country of Slovakia, specifically in Nitra, is currently available for investment. The price per share is set at 50 Kc, with an estimated minimal return of 7.5 percent. The total value of the property is 1,280,000 Kc.
The land in Nitra is designated for residential construction and has a total area of 12,488 m2. The collateral values for this property are 99,179,116 Kc. This basic property description provides insight into the potential for development in the area.
Additionally, there is a lien in the 1st order that will be established upon the contribution of the subject land to the project company. The funds will be held in escrow, serving as the principal security for the loan during this period.
It is important to note that the property value has been converted based on the CNB exchange rate as of August 11, 2023. This information ensures transparency and accuracy in the valuation of the property.
Investing in real estate in Nitra, Slovakia offers a unique opportunity for growth and development. With the potential for residential construction and a solid return on investment, this property presents a promising option for those looking to expand their investment portfolio.