For real estate investor:
2 studios flat for sale together
Finance:
Price: 379 000 PLN
Currently rented
Large studio: 1 850 PLN (with admin fees)
Small Studio: 1 650 PLN (with admin fees)
Income: 3 500 PLN
Monthly cost: 750 PLN (admin fee, electricity, property tax, perpetual usufruct)
Monthly Income after cost: 2750 PLN
ROI on 12 months basis:
2750 * 12 month / 379 000PLN * 100% = 8.70% Net
ROI on 11 months basis:
2750 * 12 month / 379 000 PLN * 100% = 7.98% 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 fees.
Information about the studios flat:
Size: 16m2 and 20m2
Located on the ground floor
Building has 3 floors
Both apartments are fully furnished: couch, large wardrobe, bookcase, desk, chair, lamp. The kitchen is fully equipped: fridge, induction cooker, microwave oven, plates, cutlery. Perfect condition, it has undergone a major renovation in the beginning of this year. It has been insulated from the inside, all installations have been replaced, etc.
Building:
It was built in 1939 from red brick. The intercom has recently been replaced and an entrance grille has been installed, thanks to which the building is fenced and is very secure. Renovation of the building is planned for next year.
Location:
The flat is located in Praga Południe on ul. Kordeckiego next to Szembek Square. In the area there are shops: Carrefour, Żabka, and pharmacies and numerous retail and service outlets.
Communication:
There is a bus and tram stop in the area. Thanks to that, getting to anywhere in Warsaw is fast and efficient.
Legal status:
Full ownership. The property can be depreciated with an accelerated 10% amortisation rate per year.
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!
