Piastowska Residence in Krakow

Name: Sales in Piastowska Residence started!
Start: 2019-12-17T11:35:17.309337+00:00
End: 2023-12-31T23:59:59+0000
Location: Piastowska Residence

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Project info

Object ID: 2608

Finished at	December 2020
Price, m²	From 2300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 31.00 m²
Floors	5
Apartments	58
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

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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Promos and discounts for Piastowska Residence

About the project

The Piastowska Residence investment is located in Bronowice, ul. Piastowska 34 (3 km from the center of Krakow), is being developed by the developer Terra Casa S.A.

The Piastowska Residence investment is under construction with the commissioning date scheduled for Q4 2020.

The entire project comprises 58 new apartments. The building has 5 overground storeys with a ground floor and 2 underground levels.

For future residents, the developer Terra Casa S.A. also provided:

- underground parking spaces

There are 59 storage rooms in the investment.

Developer

Terra Casa S.A. is an investor and developer operating for 20 years on the real estate market. The company is part of the TC Forum Capital G…
Details about Terra Casa