Editorial Invest in Slovakia
We managed to successfully complete another project - Residence of Jiří Wolker.
Great news for us, for investors, but also for the developer.
We are giving more and more assurances to developers that we can co-finance investment projects, even in the substandard times caused by the coronavirus.
And once again, investors have shown why they are investors. It is the non-standard and unexpected market situations that give great opportunities to invest with interesting returns.
A couple of days ago I read an article about investor star Warren Buffett, who has mysteriously withdrawn and gone silent these days.
Excerpt:
THE INVESTOR STAR IS SILENT
The fourth richest man on the planet, the Oracle of Omaha is silent during this period. Prominent investors say Buffet is buying even in a coronacrisis, but quietly. In the words of investment bankers, there's nothing special about his silence. It must be clear to everyone that investors have been waiting for this period, but it is Buffet who does not want to be labelled as the man who took full advantage of the situation.
If you want to read it in full, click on this link.
It is considerably harder and more challenging to look for returns in a period when the economy is easily predictable and treading on 100%. But it is the sudden changes, the chaos, the panic, the fear that are clear signals to an investor when to start focusing and investing intensely.
But let's turn to the statistics achieved by the Jiří Wolker Residence project.
1⃣ Total investment EUR 278 161.
2⃣ The maximum target amount was EUR 300 000.
3⃣ Minimum investment 100 EUR.
4⃣ Maximum investment EUR 27 000.
5⃣ The project involved 171 investors.
6⃣ The fixed return from this project is 14,07 % p.a.
7⃣ The investment period is 24 months.
Great numbers!
We do our best to ensure the best possible investment in each investment project.
With the Jiří Wolker Residence project, we have gone a few steps further again. We are trying to find the best possible combination of security that the legislation ⚖️ will allow us.
We clearly understand that the better the investment protection and control over the investment intent, the more investors we can attract, the more investment projects we can finance and ultimately the more revenue we can distribute.
The developer of Rezidencia Jiřího Wolker was given several specific conditions before the loan was taken out, ✍️ which give us all relatively strong control over the development project.
1️⃣ The drawdown of the loan is conditional on the presentation of the original extract from the title deedwhich says that the developer is 100% owner of the property where the project will be implemented.
2️⃣ Investment Slovakia will apply pledge on 100% share in the company. In the duration until the repayment of the granted loan together with the proceeds.
3️⃣ For the entire amount invested, which we mediate, is established collection in a bank accountwhich releases funds to the developer only after conditions have been met.
Every single investor will be able to in your investor account insight into the details of the project and follow the progress of this investment project.
The proceeds will be sent to the investor's available funds according to a repayment schedule, from where the investor can reinvest the money in other projects or send it to his bank account.
We thank investors and developers for their trust. At these moments we are preparing a new investment project, the details of which you will see soon.
Have a nice Saturday and fingers crossed for your passive income journey.