Praska Moderna in Warsaw

Name: Sales in Praska Moderna started!
Start: 2019-12-04T11:07:21.009760+00:00
End: 2023-12-31T23:59:59+0000
Location: Praska Moderna

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Project info

Object ID: 2033

Finished at	March 2021
Price, m²	From 2610$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 59.00 m²
Floors	7
Apartments	35
Building phase	Foundation
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Underground parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Stadion Narodowy 3 min Dworzec Wileński 9 min Centrum Nauki Kopernik 14 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

153,990$

Net profit

7,229$

Payback period

16.2 years

Avg property value increase per year

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About the project

Praska Moderna is a modern investment inspired by the charisma of pre-war Praga, whose exciting atmosphere attracts creative and creative people. We have designed 35 modern, functional apartments for them: 32 two-level loft apartments and 3 single-level apartments.

At the intersection of Targowa, Marcinkowskiego and Sprzeczna Streets, the bold silhouette of Praga Moderna will respectfully blend in with the urban rhythm of the western frontage, and its open modernist shape will attract attention and will not let you pass by.

The Praska Moderna investment is located in Stara Praga, ul. Targowa (3 km from the center of Warsaw), is being developed by the developer Moderna Holding.

The Praska Moderna investment is under construction with the commissioning date scheduled for Q1 2021.

The entire project consists of 35 new apartments. The building has 5 above-ground floors with a ground floor and 1 underground floor.

Developer

We believe that being a developer is not just about building. It's about creating the best future by setting yourself ambitious goals. Mode…
Details about Moderna Holding