Case study: Residential houses in Kutná Hora
1&P Realis s.r.o. used Investown platform to secure financing for the first phase of construction of residential houses in Kutná Hora. The funds collected went to start the preparatory work and reconstruction of approximately 10% of the built-up area. And how quickly did the finances get picked up? 47 hours from now.
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How the project came about
Founder of the company 1&P Realis Ltd. Ivan Proklov decided on Investown following a personal recommendation from Firaz Muinov from Lekvi Group. “I knew from the first meeting that this collaboration would work,” commends cooperation with Investown Mr. Proklov.
Details of the project:
- Project type: Construction of a series of residential apartment buildings
- Location: Kutna Hora
- Target amount: 7.84 million CZK
- Return to investors: 8.5% p.a.
- Financing time: 47 hours
- Implementation date: 11/2022
- Developer: 1&P Realis s.r.o.
- Founder: Ivan Proklov
What decided in favor of Investown
Ivan Proklov has over 20 years of experience in construction Residential real estate, including projects Kayetanka or Chateau Troja Residence. Still, he struggled with complicated banking processes as he sought financing for the project in Kutná Hora.
“Financing through the bank was lengthy, complicated and impractical in time. Investown was a refreshing change. “ The decision to use the crowdfunding model through Investown brought results practically immediately: the target amount was collected for only 47 hours.
TIP: Read 3 top reasons why it pays to fund projects with Investown.
Evaluation of cooperation
“I especially appreciate the speed of the whole process, the professional approach of the sales director and the friendliness of the legal department. I was surprised that despite the rigorous risk analysis, everything was handled very quickly.” imparts Ivan Proklov.
TIP: We have successfully financed more than 350 projects. Read more case studies.
Recommendations to other developers
Ivan Proklov does not hesitate to recommend Investown to other real estate entrepreneurs. “Thanks to Investown, I have already funded two major projects. Communication is flexible and human, the whole process significantly faster than in a bank. If you are looking for an effective way to finance, I highly recommend Investown,” delivers in one breath.
Are you interested in financing with Investown? Submit a non-binding inquiry online today. suffices fill out a simple form and we'll get back to you.
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