The Project
This is a highly recommended apartment complex in the very center of Warsaw.
It is located in a vastly improving area from one of the most respected developers in Warsaw. New transport links (metro, train) planned to serve new Euro 2012 National Stadium in close proximity.
There are only a few units remaining and prices are at a very competitive level for the area. Prices include VAT, balconies and underground parking garage space. Prices in this project go from only €88,000 a Studio of 39 sqm, €105,000€ a 1 bedroom apartment of 51sqm, €150,000 a 2 bedroom apartment of 73m2. You can get a 3 bedroom apartment of 80 sqm for only €148,000.
This is an exciting investment opportunity in Warsaw where apartment prices rose 45% in 2006!
Location
This project is well situated in the heart of Warsaw, Poland´s capital city. Warsaw was classified as a gamma world city on a par with e.g Rome and Beijing. It is located on the Vistula River, roughly 370 kilometers from both the Baltic Sea and coast and the Carpathian Mountains. Its population is estimated at about 1,700,000 inhabitants, including its metropolitan area counts with about 3,000,000 people. Warsaw is the 8th biggest city in the E.U.
Last year prices of apartments in Warsaw rose 45%, which on an apartment of purchase price €100 000 realizes a €45 000 profit. On a 10% down, 90% on completion deal, the deposit is only €10 000, and if sold at completion, this amounts to a profit in one year of 450% on your original investment. 2007 is also proving to be an excellent year, with steadily rising prices.
Payment schedule
10% deposit
90% on completion
80% Mortgage available
Off-Plan Development
