In May 2024, we opened Gopass Property for our first investors and made our first investments. The first investments in the portfolio comprised the purchase of 9 apartments in the Villa Gronie apartment house in the Polish resort of Szczyrk, and the takeover of 19 selected apartments in the Bešeňová aquapark. Both are properties with a proven track record of above-average rental yields and further potential.
Owing to these investments, Gopass Property achieved revenue for investors of 2.8% in its first quarter, which is equivalent to annualised revenue of 11.2%. These results confirm the effectiveness and attractiveness of our investment strategy, and provide our investors with a positive appreciation of their capital.
In the upcoming quarter, Gopass Property plans to invest in several apartments in the Central Hotel in Jasná. The commencement of the sale is expected in October 2024, and Gopass Property, being among the first persons to register an interest, will have the full selection of apartments to choose from