Olympic Estate in Lublin

Name: Sales in Olympic Estate started!
Start: 2020-08-06T11:32:18.630605+00:00
End: 2023-12-31T23:59:59+0000
Location: Olympic Estate

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Project info

Object ID: 8475

Finished at	March 2021
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 26.00 m²
Floors	2
Apartments	35
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near supermarket
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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

59,800$

Net profit

5,906$

Payback period

7.4 years

Avg property value increase per year

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About the project

About investment

Olympic Estate is a modern, intimate multi-family residential building in Świdnik.

Location

The estate is located at the intersection of Olimpijczyk, Janusza Kusocińskiego and Bronisława Czecha streets. The location is characterized by a developed commercial and service infrastructure and good communication with the rest of the city.

The vicinity of the investment

In the area there are restaurants, grocery stores (Żabka, Społem), a Kaufland supermarket, medical facilities, a fitness club, a bank, a church, a post office, service points. Venus Shopping Center and Lewiatan supermarket are 1500 m away, Carrefour hypermarket - 1950 m, Lidl - 2100 m. Primary No. 7 for them. Soldiers of the Home Army, Kindergarten "Fairy Tale World", Private Kindergarten "Winnie the Pooh and Friends" - 1100 m, Primary School No. Janusz Kusociński - 1300 m. The Świdnica Forest is located 2700 m away.

Architecture

The intimate, three-storey building of the Olympic Estate is erected in a modernist L-shaped style. The facade of the building is finished in warm pastel colors. Large glazing has been added, which provides additional lighting of the rooms.

The infrastructure of the estate

The estate is adapted to the needs of people with disabilities. Modern, noiseless elevators have been installed in the building. There are above-ground and underground parking spaces for parking cars. There are commercial premises on the ground floor.

Communication

The location of the investment allows convenient access by car to other parts of Świdnik and a trip outside the city. The S12 expressway is 2.7 km away from the provincial road No. 822 (DW822), which connects Świdnik with Lublin - about 2.9 km. A drive to Lublin Airport takes 7 minutes, to Lublin - about 20 minutes via the S12 expressway. To the Świdnik Wschód railway station - 1700 m. There are bicycle paths near the investment, the nearest bicycle rental station is 200 m away.

About apartments

The investment includes one-, two-, three-, four- and five-room apartments ranging in size from 26 to 91 square meters. The apartments are equipped with balconies.

Developer

It was established based on the partners' many years of experience in the construction industry. Our goal is to meet the needs of the reside…
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