Artystyczne Osiedle in torun

Name: Sales in Artystyczne Osiedle started!
Start: 2022-05-12T11:32:53.252155+00:00
End: 2023-12-31T23:59:59+0000
Location: Artystyczne Osiedle

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Project info

Object ID: 20324

Finished at	September 2022
Price, m²	From 3400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 28.60 m²
Floors	7
Apartments	323
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Underground parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

95,200$

Net profit

5,906$

Payback period

11.7 years

Avg property value increase per year

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About the project

Investment description

About investment

The Artistic Housing Estate, a multi-stage complex consisting of modern multi-family buildings, is erected in the central-eastern part of Toruń.

Location

The complex is located at Targowa Street in the area of Toruń's Jakubskie Przedmieście. Well connected with other parts of the city, the area with residential and commercial buildings allows access to educational, commercial, service, entertainment and Vistula infrastructure facilities. It is about 2.5 kilometers away from the Old Town Square.

The vicinity of the investment

Near the complex there are restaurants, bank branches, Poczta Polska, hairdressing studios, drugstores, Atrium Copernicus shopping center with Auchan hypermarket (800 meters), Lidl grocery stores (250 meters) and Żabka (600 meters), Tesco supermarket (1 , 8 kilometers). The historic areas of Toruń's Old Town and the Philadelphia Boulevard can be reached on foot in about 25 minutes.

Education

Nearby educational institutions are: primary school No. 2 (right next to the investment), complex of general and technical schools No. 13 and the Bim-Bam-Bino kindergarten (350 meters), and the private kindergarten Bajkowy Dworek (700 meters).

Medical care

There are pharmacies, doctors' offices and a city hospital within 1.5 km.

Sport

Within walking distance there is the Bella Line Wellness Center; there are sports fields, sports and recreation centers, and bicycle paths in the vicinity.

Communication

The location of the complex allows for quick access to Szosa Lubicka, national roads no. 91 and no. 15, the Eastern Route, Jana Sobieskiego, Antczaka and Bolesława Chrobrego streets. A drive to the very center of Toruń takes up to 8 minutes. There are MZK stops in the immediate vicinity, the Toruń Wschodni train station is 750 meters away.

Architecture

The seven-story buildings of the complex are made of simple shapes in a modernist style. White plaster and geometric decorative elements were used in the façade finish. Various arrangements of balconies with concrete or glass balustrades were used.

The infrastructure of the estate

The monitored area of the investment is developed with greenery and elements of small architecture, pavements and internal roads as well as a playground for children were made on it. There are above-ground and underground parking spaces for car owners. There are elevators in the buildings. The investment has facilities for the disabled.