Olchowa in Gdansk

Name: 📣 300$ — discount certificate
Start: 2020-09-07T07:03:38.588690+00:00
End: 2023-12-31T23:59:59+0000
Location: Olchowa

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Project info

Object ID: 9093

Finished at	March 2021
Price, m²
Housing class	No
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Cottage
Square	from 107.00 m²
Floors	2
Apartments	107
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

96,300$

Net profit

9,376$

Payback period

8.2 years

Avg property value increase per year

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About the project

About investment

The multi-stage, extensive Olchowa investment, located in the western part of Gdańsk, consists of single-family terraced and detached houses.

Location

The Olchowa estate is located at Migdałowa Street within the Gdańsk district of Ujeścisko, near its junction with the Łostowice district. It is about 6 kilometers away from the center of Gdańsk. The location allows you to use the main communication arteries and basic commercial, service, educational and health infrastructure as well as access to vast green areas. The area is characterized by low single-family houses.

The vicinity of the investment

Near the investment there are doctor's offices, beauty salons, drugstores, bank branches, a veterinary clinic, a post office, a church, art schools, cafes and restaurants, Cedrowa Park, retention reservoirs with recreational infrastructure. Within a radius of 2 kilometers, the Primary School No. Zrzeszenia Kaszubsko-Pomorskie, II Social Primary School STO, kindergarten and primary school TE Vizja. The private kindergartens Wielka Przygoda and Martolandia are located within a radius of about 1 kilometer, the Fairy-tale Hill kindergarten and the private Artistic and Language kindergarten are located 1.5 kilometers away. The nearby grocery stores are Żabka (650 meters), Primo (800 meters), supermarkets Lidl, Netto and Biedronka (within 1.5 kilometers). Kartuska shopping center is close to 1.8 kilometers from the estate, Galeria Morena and Pasaż Chełmski - about 2.5 kilometers. In 10-15 minutes by car, you can get to the Tricity Landscape Park.

Architecture

The houses are made of simple shapes in a minimalist style, they have pitched roofs covered with concrete tiles. The elevations were finished with white plasters, decorative elements in the color of wood were added.

Infrastructure of the estate

The investment has a closed area, access roads and plant arrangements have been made here. There will be parking spaces above ground and in private garages.

Communication

The estate is located in close proximity to Kartuska Street, through which you can reach the center of Gdańsk in about 15 minutes by car. There is also an exit to Armii Krajowej and Vaclava Havla avenues, Łostowicka and Nowolipie streets, national road No. 7 and the S7 expressway. There are bus stops 350 meters from the investment, allowing, among others, non-stop access to the city center or to the Gdańsk-Jasień railway station.

About apartments

The area of the houses ranges from 107 to 228 square meters. They contain from 2 to 5 rooms. Each of the houses is equipped with an autonomous heating system. The houses include fenced plots and garages.