Family Hub in Krakow

Name: Family Hub
Brand: Modern Living Development
SKU: 2452
Availability: InStock

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Project info

Object ID: 2452

Finished at	June 2020
Price, m²	From 2300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Cottage
Square	from 105.00 m²
Floors	3
Apartments	16
Condition	Black walls
Construction type	Monolyth
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

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

241,500$

Net profit

9,376$

Payback period

20.5 years

Avg property value increase per year

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About the project

Family Hub is a project designed with the family in mind. The investment will be located on a plot of 1.5 ha with an entrance from ul. Stelmachów. In total, twenty-two terraced buildings will be erected. There will be only two apartments in each segment: one on the ground floor and part of the floor, and the other covering the rest of the floor and the attic. Most of the apartments, including all those located on the ground floor, will have their own gardens, up to 200 m2 in size.

Developer

The most important element of the company's strategy is the construction of modern, prestigious and functional houses and apartments situate…
Details about Modern Living Development