Real estate investment Poland – apartment divided into three independent studios ROI 10 % Net

For sale Buy-To- Let investment apartment in Lodz, Poland

I am pleased to present a unique investment apartment in the heart of Łódź, after general renovation, during which three independent studio apartments were separated.

1. 21.5 m2
2.  16.5 m2
3.  22 m2

Location: City center(śródmieście),Lodz

Address: Sienkiewicza street

Area: 66.5 m2

Type of building: Tenement house

Floor: high ground floor

Neighborhood: The apartment is located in a tenement house at Sienkiewicza street, between Tuwima and Moniuszki, one block away from Piotrkowska Street in its promenade as well as from Łódź Fabryczna Railway Station and the New Center of Łódź. Within walking distance are the Faculty of Economics and Sociology of the University of Lodz, Nowa Fabryczna office buildings, City Gate, mBank, EC-1 Science and Technology Center. The location is also well connected to other parts of the city.

(Currently, all apartments are rented (at prices 1200 + 250, 1150 + 250, 1250 + 250), which after deducting the costs of housing maintenance gives 3600 / month. and 43,200 / year)

Condition of the apartment: after the renovation and replacement of all installations

Return on investment:

Income from the lease without management 1200 + 250, 1150 + 250, 1250 + 250

3600/monthly | 43.200PLN/year after costs

ROI without management: 10,16 %

Management costs 15 %

Income from a lease with management  3, 060PLN/monthly | 36,720PLN/year

ROI with management 8,64%

Price: PLN 425 000

Price per sq: 6 391 zł/m²

Contact us to organize a viewing of the property and discuss all the details
regarding this sale offer.

Are you looking to buy, rent or invest in real estate in Poland?
Feel free to contact me!

Sergiusz

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+48 731 930 500

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