Mlynarska 33 in Lodz

Name: Sales in Mlynarska 33 started!
Start: 2019-12-23T11:19:56.656874+00:00
End: 2023-12-31T23:59:59+0000
Location: Mlynarska 33

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Project info

Object ID: 2888

Finished at	December 2019
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 29.00 m²
Floors	6
Apartments	25
Building phase	Facade finished
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking 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

66,700$

Net profit

5,906$

Payback period

8.2 years

Avg property value increase per year

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About the project

The Młynarska 33 investment is located in Bałuty-Dołach, ul. Młynarska 33 (3.2 km from the center of Łódź), was developed by the developer GLS Development.

The Młynarska 33 investment was built and put into operation in the fourth quarter of 2019.

The entire project consists of 25 new apartments. The building has from 4 to 6 above-ground storeys with a ground floor and no underground storeys.

For future residents, the developer GLS Development has also provided:

- ground parking spaces

The investment includes storage rooms.

Developer

We conduct our business in the form of a civil partnership of two natural persons. In the initial period of the company's existence, we main…
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