For sales in Lodz, city centre:
4 bedrooms apartment of 83 m²
12th floor in a 16-storey block with lift.
Building from 1980
Balcony, basement, separate kitchen
Flat in very good condition, with new plastic windows
Beautiful 4 bedroom apartment after general renovation.
In the apartment new hydraulic installation, electric installation, PVC Windows and new floor.
Large kitchen equipped with new equipment.
Localisation:
– Near Universities
– Near companies like Accenture, Ericsson, and Fujitsu
– Next to tram and bus stop
– Great connection to train stations
– Near Shopping Mall: Galeria Lodzka
Sales price: 330 000 PLN
Price per m2: 3976 PLN
Admin fee: 900PLN per month
Possibility to rent the apartment for 3000 PLN + Admin fee + electricity.
Return of investment: 10,9% before tax
3000 PLN x 12 Months = 36 000 PLN
There is also the possibility to rent per room:
Proposal A:
Room 1 (11m2): 800 PLN
Room 2 (11m2): 800 PLN
Room 3 (20m2): 1200 PLN
Room 4 (20m2): 1200 PLN
Total: 4000 PLN
After admin fee: 3100 PLN
Annual revenue: about 36 000 PLN
Return of investment: 10,9% before tax
Proposal B:
Room 1 (11m2): 900 PLN
Room 2 (11m2): 900 PLN
Room 3 (20m2): 1100 PLN
Room 4 (20m2): 1100 PLN
Total: 4000 PLN
After admin fee: 3100 PLN
Annual revenue: about 36 000 PLN
Return of investment: 10,9% before tax
Passive income: Information about Property Management
For those who wants to invest, and gives this flat under property management, fees is between 10% to 15% of monthly rental revenue depending on the contract.
It is only possible to purchase this property via cash.
Agency fee: 4% + VAT