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Special Investor – 6 bedrooms apartment ROI: 9% – Warsaw

PRICE: 559,000 PLN , SIZE: 63m2, 6 ROOMS, 6 BEDROOMS, 2 BATHS
City: , District: , Street name: Majdańska
Property ID: 21254
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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!

Address: Majdańska
City:
Country: Poland
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Property Id : 21254
Price: 559,000 PLN
Property Size: 63 m2
Rooms: 6
Bedrooms: 6
Bathrooms: 2
Garages: No information
Floors No: 14
Lift
Balcony
Cameras/security/fenced

Contact Me













Nicolas

+ 48 664 937 338
nicolas@thefox.pl

Contact Me













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