For sale in Warsaw:
5 bedrooms apartment
Next to Lazarski University and Metro Wilanowska
Localisation:
The flat is located in Mokotów, at ul. Wita Stwosza 44
There are many communication routes in the area, and thanks to the metro station WILANOWSKA 450 meters from the building, access to the strict CENTER takes 8-10 minutes.
Next to Lazarski University and Metro Wilanowska
Flat:
It has been converted into 5 single rooms, 2 bathrooms with a toilet and a fully equipped kitchen. One room has a balcony.
Apartment is on the 9th floor.
The whole apartment has 57 m2, so the rooms are fully comfortable.
New type windows, new doors, electrical installation, plumbing, screeds, floors, coats, tiles, all plumbing fixtures, furniture, household appliances, equipment, all new, in good quality and under warranty.
Finances:
It is possible to rent each bedrooms for around 1000/1100 PLN per month (Including admin fees (700 PLN): administration, water, electricity and internet)
1000 PLN x 5 bedrooms: 5000 PLN
Income after cost: 4300 PLN
Price of the property:
548 000 PLN
ROI estimated:
4300 PLN x 12 months / 548 000 PLN = 51 600 / 548 000 PLN = 9,4% net
Taxes:
Property tax (about PLN 50 / year) and perpetual usufruct (about PLN 150 / year).
Possibility of amortisation over 10 years time
Property Management:
It is possible have the apartment fully manage by a property management company.
As a real estate agency, we charge a commission fee.