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Centralna Park in Krakow

Name: Sales in Centralna Park started!
Start: 2019-12-17T08:22:43.169830+00:00
End: 2023-12-31T23:59:59+0000
Location: Centralna Park

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Project info

Object ID: 2578

Finished at	December 2021
Price, m²	From 2300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 25.00 m²
Floors	8
Apartments	800
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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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
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		194		8103$
Average		52%		37$

Total invested

57,500$

Net profit

5,906$

Payback period

7.1 years

Avg property value increase per year

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About the project

About investment

Centralna Park is a complex of multi-family residential buildings, implemented in stages in Krakow.

Location

The estate is located in the Czyżyny district of Krakow, at Galicyjska Street, in the north-eastern part of the city, 4.5 km from the center of Krakow. It is a post-industrial area, the area is developing, new housing estates and municipal infrastructure facilities are being built here.

The vicinity of the investment

In the immediate vicinity of the investment, there are Żabka grocery store, restaurant, pharmacies, car services, petrol station and an ATM. At a distance of 900 m there is the M1 Shopping Center. In the immediate vicinity, 160 m from the investment, there is the Galicyjska Business Park office building, to the International Trade Fair and Congress Center EXPO Krakow - 350 m. The nearest educational institutions are Primary School No. 156, Private Kindergarten "Happy Tigers" and Baby Garden Kindergarten. At a distance of about 2000 m, there is the Tauron Arena sports and entertainment hall and the Lotników Park with walking paths, paths for cyclists, and playgrounds for children.

Architecture

The investment is being implemented in stages. The eight-story buildings have a modern and simple form, they are made in contrasting colors - white and dark gray.

The infrastructure of the estate

On the ground floor of the buildings, service premises are designed, in common areas - playgrounds for children, rest zones, alleys. There are above-ground parking spaces and parking spaces in the underground car park. Heating from the municipal heating network is provided.

Communication

The estate is well connected with the city center and other parts of the city. In the immediate vicinity there are bus stops (no. 174, 178) and a city bike station, a bit further - tram lines no. 1, 14, 22, 62, 74. The investment is 15 minutes away by car from the Main Square.

About apartments

The investment includes apartments with layouts from 1 to 4 rooms and areas from 25 to 84 square meters. The apartments have balconies, the premises on the ground floor have gardens.

Developer

We are a development group that implements commercial and residential investments. DEVELII real estate is being built in the six largest cit…
Details about DEVELIA