Special Investor:
For sale right now, in Warsaw, Praga Południe district
6 bedrooms apartment currently rented
Finance:
Price: 559 000 PLN
Income: 5 550 PLN
Monthly cost: 1 000 PLN (admin fee, electricity, property tax, perpetual usufruct)
Monthly Income after cost: 4 550 PLN
ROI:
ROI on 12 months basis:
4 550 * 12 month / 559 000 PLN * 100% = 9,77% Net
ROI on 11 months basis:
4 550 * 11 month / 559 000 PLN * 100% = 8,95% Net
Important fact:
Investment can be amortised up to 10% per annum and not pay rental tax. In amortisation you can add the cost of notary act as well as the agency fee
Property:
The property has an area of 63 m2, is located on the 14th floor with 3 new elevators.
It consists of 6 separate lockable rooms, a kitchen in the annex in the hall and 2 fully equipped bathrooms.
All rooms are fully furnished: couch, large wardrobe, bookcase, desk, chair, lamp. The kitchen is fully equipped: large fridge, induction cooker, microwave oven, toaster, toaster, electric kettle, plates.
The apartment also has all the necessary economic equipment needed for tenants: vacuum cleaner, ironing board, iron and mop.
The apartment is in perfect condition, it has undergone a general renovation in 2017.
Building: From 1980.
Recent repairs: insulation, replacement of central heating and pipes.
Location:
The flat is located in Praga Południe on ul. Majdańska next to the Wiatraczna Roundabout. In the area there are shops: Carrefour, Żabka, Tesco, Lidl, Rossmann and pharmacies and numerous retail and service outlets, Gyms (Total Fitness, Energy, Zdrofit, Core, McFit, Jatomi), Veturilo Station and Znicz Park.
Communication:
-5 min on foot to the Wiatraczna roundabout
-15 min to Metro Politechnika
-15 min to Center (Rotunda)
-15 min to SWPS
Warsaw city is planing to build the Metro Line III – One metro station will be build at Wiatraczna roundabout which means the property should take value within 5-8 years timeline.
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
I will be happy to help you!
