Development - Michle - LOT 13

Operating apartments
Completed
Interest p.a. Percentage of earnings from the amount of your investment in this project.
13 % p.a.
Lot size
€ 150,000
Invested € 138,755.87
Early Accrual interest
€ 150,000
  • Term Investment period before interest and principal payout. 18 months
  • Min. investment Minimum amount of investment for current project. € 1.00
  • Investment type Rental - monthly interest payments, principal paid after minimum term. Bullet - interest and principal paid after the project term. Bullet
  • LTV Loan-to-value (LTV) ratio is a financial metric used to measure the amount of a loan against the value of an asset. 82 %
  • Location Location of the investment property. Michle , Prague 4
  • Developer Company responsible for timely execution of the project. Vihorev Group
  • Interest payout Interest earned on the investment is paid out to the investor at specified time intervals. Bullet
  • Project phase Current phase of project development. Finish Q1, 26
  • Loan purpose Purpose for which the proceeds of the loan will be used by borrower. Equity refinance
  • Securing Type of security or collateral offered by the borrower. Corporate guarantee
Overview
Materials
Borrower

­Developer 

Vihorev.Investments SE is a reputable real estate development company founded in 2011, under the leadership of Maxim Vihorev, who serves as a Member of the Board of Directors and owner. The company initially specialized in renovating and converting apartment buildings into smaller units in Prague. As the company has grown, it has taken on more ambitious projects, including the ongoing reconstruction of Honest Ricany into a state-of-the-art multifunctional building.

Mr. Vihorev is a prominent real estate developer and investor, and also the founder of VIHOREV.CAPITAL SICAV, a.s., a company that focuses on the development of profitable residential real estate.

Below is an overview of the completed and currently ongoing projects of the developer:
Smichovska apartments, Smart OIL, Rezidence Strakonicka, Rezidence u Vojanky, Avion Budejovická, Honest Smichov, Honest Karlin and Honest Ricany.

The company has a proven track record of delivering successful projects and is currently working on two active constructions, Honest Karlin and the flagship project Honest Ricany.

 

Developers completed and active projects

Status # of Units Square meters # Projects Sum of Investment Costs, EUR Gross development Value, EUR
Completed 114 7,096 5 11,988,356 17,213,011
Operating 57 2,015 1 8,100,240 12,352,867
in Construction 140 7,025 2 20,250,601 32,400,962
in Preparation 42 2,650 1 11,340,336 15,390,457
Grand Total 353 18,786 9 51,679,533 77,357,297

 

 

 

People

Master of Science Maxim Vihorev is the founder of VIHOREV.INVESTMENTS SE and VIHOREV.CAPITAL SICAV, a.s. He has been a prominent figure in the Czech real estate market since 2008. Mr. Vihoriev holds a Master of Science degree in Law and Legal Sciences from Charles University's Faculty of Law, as well as a Bachelor's degree in Economics from the Faculty of Business Administration at the University of Economics. His areas of expertise include structuring and financing real estate transactions. The aggregate value of Mr. Vihorev's completed and ongoing projects surpasses €60 million.

 

Direct speech

"We are a development and investment company, with a strong focus on the rental housing market. Our team comprises of professionals with over a decade of experience in the real estate industry.

Our vision is to build and grow our portfolio by having control over the entire investment cycle, from acquisition to construction and subsequent operation. We aim to consistently manage to build a strong and stable real estate portfolio, by identifying investment opportunities even where others may see a loss of time and funds. Our focus is on the fast-growing and attractive long-term segment of rental investment housing.

Our team of professionals has extensive experience in the real estate market, and this allows us to control the entire investment cycle, thereby increasing the efficiency of all processes and investments. We keep abreast of market developments, allowing us to react flexibly and always be one step ahead. We oversee the entire process, from searching for suitable buildings for investments, through to purchase, obtaining building permits, realization of construction or reconstruction, obtaining the certificate of occupancy, and subsequent property management."

Sincerely, 
Maxim Vihorev 

Project capital structure

    Documents

  • Corporate Guarantee
  • Construction Permit
  • Evaluation Report

Project capital structure

    Documents

  • Corporate Guarantee
  • Construction Permit
  • Evaluation Report