ALREADY FUNDED: 300,000zł
Nestled in the idyllic polish village of Konradów stands a 1,000m2 property (circa 1830's), currently being restored to its former grandeur. The property is conveniently located within a 10 min drive from Lądek Zdroj, the oldest Spa Resort in Poland at 777 years old and a 20 min drive from Czarna Góra Ski Resort. The area suits both the adventure enthusiast or a more relaxed escape with numerous activities, nature walks and excursions available for every tourist type.
Phase 1 of this project is nearing completion and was fully funded:
One 60m2 guest apartment
One 50m2 self-contained Office Unit
Phase 2 of this project is already partly funded via EU funding:
Planet VR (A Virtual Reality Entertainment Centre and adjoining Conference Centre)
Phase 3 of this project is fully funded:
Two 100m2 duplex-style luxury guest apartments
Phase 4 of this project is COMING SOON for investment funding:
Restaurant & Coffee Shop
THE FIGURES BELOW ARE FOR ONE 100m2 DUPLEX-STYLE LUXURY GUEST APARTMENT.
Please see the reference numbers opposite to invest in either one of these identical apartments.
Investment ID: FSD0012E or F
Consultant ID: Please complete or leave blank
Planned Purchase: Already Purchased
Investment Period: 11 months
Investment Target: 300,000 zł
Interest Rate: Fixed 18%
Investment Principal buyback: Yes, 15% penalty rate
Repayment of principal Loan Sum: In full at the end of the Loan Period
Payment of Interest Payments: Monthly, on a specific date
Financing Type: Secured Debt
Guarantee from the Project Owner: Property Lien/Secured Debt
Borrower: Fifty Shades Developments
Purpose of Investment: Property renovation of one 100m2 duplex-style luxury guest apartment in Konradów, Poland. Investors in this project will be able to withdraw their principal sum after 11 months and earn a fixed interest rate of 18%.
An example calculation based on an investor backing this project for 11 months at the effective annual rate of 19,56% is as follows:
Base amount: 999.00
Interest Rate: 18% (yearly)
Effective Annual Rate: 19,56 %
Calculation period: 11 months
Total returned funds at the end of the 11 month fixed term (**not incl. any fees): 1,176.77
**We do not charge any fees, please note however that you may be charged fees by third party companies such as your own bank, PayPal, etc.
Your investment is secured via a "lien" or what is known as a "promissory note" on the property. Following the 11 month fixed term and conclusion of the contract and annulment of the investors lien on the property you will receive your base amount invested.
Following the renovation, this property will be rented. Please contact us directly should you be interested in purchasing equity in this business at a later date to add to your own property portfolio. The estimated monthly rental Income for one unit will be in the region of 5,000.00 zł to 6,500.00 zł per month.
We hope you enjoy backing this project!
Total purchase price: Already Purchased
Notary/Solicitor Costs: 3,000.00 zł
Property Surveyor: 2,000.00 zł
Contracts: 1,500.00 zł
Total Renovation Costs
(inclusive of labour): 114,000.00 zł
(**see breakdown below)
Furnishings: 29,500.00 zł
TOTAL COST PER APARTMENT: 150,000.00 zł
**Renovation Cost Breakdown
Plumbing 10,000.00 zł
Heating 10,000.00 zł
Electrics/Wiring: 8,000.00 zł
Windows: 7,000.00 zł
Ceilings/Flooring/Walls: 20,000.00 zł
Main Bathroom & Cloakroom incl. fixtures and fittings:
Kitchen (incl. fixtures,fittings,units & white goods):
Parking Area 10,000.00 zł
IF YOU ALREADY HAVE AN INVESTMENT PORTFOLIO WITH US AND WOULD LIKE TO INVEST IN THIS PROPERTY PLEASE CLICK HERE.
REFERENCE FOR THIS PROPERTY (Unit 1): FSD0012E
REFERENCE FOR THIS PROPERTY (Unit 2): FSD0012F