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Tatra banka

28.9.2016 05:25

Financing of apartment building reconstruction

Apply for a capital expenditure loan for the overall reconstruction of your apartment building and various repairs.

  • financing up to 100% of the investment 
  • minimum requirements for security 
  • long loan maturity 
  • fast application processing 
Details

Details

  • minimum loan amount is not specified
  • maturity period up to 25 years

Types of security:

Associations of flat owners:

  • pledge over receivables
  • Owners of flats and non-residential premises in an apartment building acting through an administrator:
  • without security, or
  • pledge over receivables.

 

Conditions

Conditions

The condition is sufficient contributions to the operation, maintenance and repair fund to cover the loan repayment.

The loan is intended for:

  1. associations of flat owners, and
  2. owners of flats and non-residential premises in an apartment building acting through an administrator

Required documents:

  • administrator's financial statements for the two previous completed accounting periods and management report of the apartment building (in the event of a contract for administration made with an administrator)
  • completed Tatra banka questionnaire