Central Park Apartments in Lodz

Name: Sales in Central Park Apartments started!
Start: 2019-12-23T06:22:13.331540+00:00
End: 2023-12-31T23:59:59+0000
Location: Central Park Apartments

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Project info

Object ID: 2862

Finished at	March 2021
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 31.00 m²
Floors	9
Apartments	355
Building phase	Carcase finished
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	Intercom CCTV
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

71,300$

Net profit

5,883$

Payback period

8.8 years

Avg property value increase per year

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About the project

At the turn of the third and fourth quarter of 2020, apartments from the B1 building will be delivered along with internal infrastructure (roads, pedestrian paths), ground and underground parking spaces and green areas. The offer includes flats and apartments ranging from 31 to 106 sq m. with spacious balconies or terraces.

B1 - putting into use: at the turn of the third and fourth quarter of 2020.

The Central Park Apartments 2 investment is located in Stary Polesie, ul. Żwirki (0.6 km from the center of Łódź), is being developed by the developer Tree Development Group Sp. z o.o ..

The Central Park Apartments 2 investment is under construction with a commissioning date scheduled for Q3 2020.

The entire project consists of 169 new apartments. The buildings have 9 above-ground floors with a ground floor and 1 underground floor.

Developer

Tree Development Group is a modern development group, offering flats, apartments and houses in cozy housing estates distinguished by an attr…
Details about Tree Development Group