Warszawa - Wawer

Multi-family building located in Warsaw

The aim of the investment was financing the construction costs of two single-family, semi-detached residential buildings in Warsaw's Wawer district. As part of the works, 2 segments with 4 apartments, garages, gardens and parking spaces will be built. Funding in the amount of 900,000 was found as part of the project. The loan is secured with a mortgage entry in 1st place. The fixed capital rate is 8% per annum, the loan agreement is concluded for a period of 12 months. Interest is paid quarterly, selected from the first quarter after fixing. The loan will be repaid in full once after 12 months.

The planned budget of the investment is PLN 1.9 million.

 The source of the loan repayment will be funds from the sale of residential premises in the property in question.

The investment is being carried out by a Warsaw developer - Gefion.House Deweloper sp z o.o. s. k., with proven experience in building housing projects in Wawer, supported by a portfolio of completed investments (http://gefion.house/).

The GEFION.HOUSE Group started its operations in 2016, focusing on single-family housing in Warsaw. The Group is an association of independent companies conducting separate development investments, which, thanks to their operation within the Group, are able to perfectly optimize the costs of subcontractors and the purchase of materials. The company under the name of Gefion sp.z o.o. sp. k. has just completed the "Jeziorowa 56" investment and is developing another one called "Osiedle Młodych", where buyers will receive the keys to the apartments at the end of 2019. The company Gefion Development sp.z o.o. sp. k is building a housing estate of semi-detached and terraced houses "Gefion Village" at ul. Poprawna. The company Gefion.House sp.z o.o. sp. k. is building a large housing estate called "Nova Chodzieska". At the same time, the Group is preparing further investments in Wawer, the offer of which will soon appear on the real estate market. The team of people working in the company are people with appropriate practical knowledge who gained their knowledge and skills by working for many years in the development industry. Their many years of experience guarantee the reliability of conducted investments.

The security will be a mortgage on real estate in the amount of 200% of the loan amount.

The campaign will start on August 17, 2020, after obtaining:

  • real estate legal audit report
  • real estate survey.

Important risks:

Project financing through the Crowd Real Estate Platform may involve:

Financing of Projects through Crowd Real Estate platform may involve: 

  • risk of particular circumstances, the occurrence of which is independent from Crowd Real Estate Sp. z o.o. with its registered seat in Warsaw and which prevent the accomplishment of the Project – random events, actions of third parties influencing the Project (incl. disputing the administrative decisions acquired), risk of force majeure (incl. natural disasters or terrorist attacks and resulting losses);
  • risks on the project owner’s side – risk of default on the loan agreement concluded with the Investors, incl. faulty or unpunctual settling of accounts or its lack, risk related to the possibility of deteriorating of the project owner’s economic situation, loss of liquidity or bankruptcy, opening of liquidation proceedings or business failure;
  • risks related to changes in the rules of law related to the functioning of the Platform and the responsibilities of the lender and the borrower, including the tax law, counteracting money laundering, especially if there are changes in the rules of law regarding limitation of legal investment scope within the field of crowdfunding;
  • operational risks – risks related to the possibility of accumulating losses due to inadequate or faulty internal processes, human errors, tele-informatic system errors (computer systems crashes) or in consequence of external events.