Witkowickie Wzgorze in Krakow

Name: Sales in Witkowickie Wzgorze started!
Start: 2019-12-16T12:00:40.355209+00:00
End: 2023-12-31T23:59:59+0000
Location: Witkowickie Wzgorze

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Project info

Object ID: 2537

Finished at	March 2020
Price, m²	From 2300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Cottage
Square	from 52.00 m²
Floors	2
Apartments	102
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

119,600$

Net profit

7,229$

Payback period

12.6 years

Avg property value increase per year

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About the project

16 buildings - 4 single or two-level apartments in each!

The Wzgórze Witkowickie investment is located in Prądnik Biały, ul. Witkowicka (5.1 km from the center of Krakow), was realized by the developer Awim Grupa Inwestycyjna.

The Wzgórze Witkowickie investment was built and commissioned in Q2 2020.

The entire project consists of 54 new apartments. The buildings have 3 above-ground storeys with the ground floor and no underground storeys.

For future residents, the developer Awim Grupa Inwestycyjna has also provided:

- ground parking spaces

Developer

Our story begins in 1998 and is derived from the CHF (Cooperative Housing Foundation) housing support program. This program was implemented …
Details about Awim Grupa Inwestycyjna