Osiedle Estella in Krakow

Name: Sales in Osiedle Estella started!
Start: 2019-12-17T09:52:38.080255+00:00
End: 2023-12-31T23:59:59+0000
Location: Osiedle Estella

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Project info

Object ID: 2601

Finished at	March 2020
Price, m²	From 3220$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	8
Apartments	226
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	Security
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

112,700$

Net profit

5,883$

Payback period

14.0 years

Avg property value increase per year

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About the project

The Estella estate is being built at the intersection of ul. Stella-Sawickiego and ul. Włodarczyk in Kraków's Czyżyny. The investment will consist of two 9-storey buildings (including one underground floor in each building) with 82 apartments with areas of 34 to 66 sq m sought by buyers. and schedules from 2 to 3 rooms. In addition to typical apartments, FBWB Sp. z o.o. Sp. k. also offers small commercial premises adapted to a residential function. 144 of them will be built in the Estella estate, each of them will have 1 room and an area of 16 to 24 sq m.

Of course, there will be parking spaces in the estate: two parking lots are designed on the underground storeys of the buildings, and there will also be parking spaces next to the buildings. Storage rooms will be made available to the residents. The developer has planned commercial premises on the ground floor. The estate area will also be filled with greenery.

The developer's offer, which is diversified in terms of size, is addressed to young couples, families with children, and to people who want to invest in premises for rent. Planned by the company FBWB Sp. z o.o. Sp. k. the investment completion date is the first quarter of 2020.

The location of the Estella estate guarantees convenient access to all attractions that a large city provides. An extremely important advantage is the extensive network of public transport running in the vicinity of the investment. At the intersection of Stella-Sawickiego, Wiślicka and al. General Władysław Anders and al. Generała Bora-Komorowskiego, buses of several lines stop at the stops, which enable efficient access to virtually every region of Krakow, including the very center of the city. Motorized residents will also not complain, as al. Gen. Bora-Komorowskiego and ul. Stella-Sawickiego are large thoroughfares, providing exit from Krakow towards Katowice, Warsaw, Zakopane or Rzeszów.

The Estella estate is also a good address for lovers of relaxation and entertainment. Recreation will include nearby Park Tysiąclecia, Park Lotników Polskich and Park Wodny. The rich service and commercial infrastructure includes both small local stores, Lidl and Biedronka stores, and large shopping centers: Serenada, Krokus and C.H. Czyżyny.

Developer

The FRAX-BUD Franciszek Drożdż company has been operating on the Krakow construction market since 1990. We implement single and multi-family…
Details about Frax-Bud