For sale:
3 studios in one flat
Total size: 52m2
Building from the 1950s
2nd floor / 6 with lift
Ideal for long term rental!
ROI long-term lease: 9.9% -8.9%
PLN 2000 x 3 = PLN 6000
In addition, tenants pay PLN 250 for rent and utilities
ROI: 9.9%
Pessimistic, not in season:
1800 PLN x 3 = 5400 PLN
In addition, tenants pay PLN 250 for rent and utilities
ROI: 8.9%
The possibility of a guaranteed rent of PLN 4,100 a month.
Property:
The apartment consists of 3 studios with separate entrances from the inner corridor.
The size of studios is about 15-17 m2.
They are located on the 2nd floor in a 6-storey brick building from the 1950s. The apartment will be in perfect condition, everything will be new, after renovation: PVC windows, new electrics, plumbing, plaster on the walls, bathroom fittings, kitchen with appliances, etc. Flats will be ready for rent. Currently, the apartment is under renovation, which will end at the end of April.
Visualisations show how one micro-house will look after renovation.
Building:
It was built in the 50’s of red brick. It is clean and tidy. In the building, all departments were renovated: water and sewage and central heating for new ones, a staircase was repainted and a new elevator was installed.
Location:
The apartment is located on the border of the Śródmieście and Wola districts at ul. Solidarności 129/131.
The area has everything you need: numerous grocery stores, a pharmacy, an ATM machine, laundries, restaurants.
In addition, nearby – 5 minutes walk – is Mirowska Hala with a bazaar full of fresh products and Mirowski Park, where you can go for a walk.
Communication:
The Kino Femina stop is 2 minutes away, where there are numerous tram and bus lines. You can reach the Ratusz Arsenał metro station in 5 minutes by tram or walk in about 10 minutes (900 meters). The central station is also about 10 minutes by public transport (3 stops). The apartment is located in an ideal location, thanks to which getting to any part of the city is very convenient and fast.
Estimated ROI:
High estimation:
3 x 2 000 PLN + admin fee (200 PLN each)
= 9,9% ROI (not included agency fee, notary fee and property management)
6000 PLN x 12 = 72 000 PLN annually
72 000 PLN / 725 000 PLN: 9,93%
Low estimation:
3 x 1 800 PLN + admin fee (200 PLN each)
= 9,9% ROI (not included agency fee, notary fee and property management)
5400 PLN x 12 = 64 800 PLN annually
64 800 PLN / 725 000 PLN: 8,93%
As investor, it is possible to have a guaranteed rent of 4100 PLN / month – which gives 6,8% ROI (not included agency fee and brokerage fees)
Price: 725 000 PLN
Price per sq: 13 942 PLN
Monthly admin fee: 590 PLN
As a real estate agency, we charge a commission fee.
Contact us to organise a viewing of the property and discuss all the details regarding this investment.
Are you looking to invest in real estate in Poland?
Just contact me right now:
+48 664 937 338
or
nicolas@thefox.pl
