Context
“When an investor from Ukraine approached us, he had a clear vision and €700,000 in his pocket. However, he faced several obstacles: no residence permit, no knowledge of the Czech market and limited financing options. He knew he wanted to buy apartments in Prague, but he had no idea that he could build a €2,000,000 portfolio until he started working with NAWI.”
The client, a private investor from Ukraine and non-resident of the Czech Republic, approached us with a clear intention: to start buying apartments in Prague systematically. He expected full legal support from us, as well as assistance in finding financing to maximise his budget.
The client, a private investor from Ukraine and non-resident of the Czech Republic, approached us with a clear intention: to start buying apartments in Prague systematically. He expected full legal support from us, as well as assistance in finding financing to maximise his budget.
Tasks
- Conduct research on the real estate market in Prague.
- Provide legal support, including preparing and reviewing contracts.
- Conduct due diligence on real estate properties (legal, technical and investment reviews).
- Ensure the security of transactions, including escrow services.
- Find financial instruments that could double the client's investment opportunities.
Legal and financial approach:
- Market assessment and selection of properties with the best price/income/risk ratio.
- Prepared a complete set of contracts, including reservation, preliminary, sale and purchase, and storage contracts.
- Conducted due diligence on each apartment, checking ownership rights, encumbrances, technical condition and operating costs.
- Provided legal custody and control of all payments.
- Proposed a joint housing model with bank financing (65% of the cost of each property), enabling the investment volume to increase from €700,000 to a portfolio worth €2,000,000.
Key point
The client did not have a residence permit in the Czech Republic, which complicated bank financing and compliance checks. However, we secured this status, negotiated optimal financing terms with the bank, and preserved the client’s liquidity.
Result
- Client contribution: €700,000
- Real estate was purchased for a total of €2,000,000.
- Bank financing: €1,300,000 (65% of the cost of each purchase).
- All transactions are legally and financially protected.
“I came to buy a few apartments and ended up with a full-fledged investment strategy. €700,000 turned into €2 million. Thanks, NAWI!”
Legal and consulting services
- Real estate law and contractual documentation
- Escrow and transaction security
- Due diligence of properties
- Investment consulting and purchase financing.
Keywords
#realestate #investments #bankfinancing #due_diligence #legaladvisory #investmentstrategy #realestateportfolio #NAWI
