Kwadrat in Wroclaw

Name: Sales in Kwadrat started!
Start: 2019-12-19T11:16:26.545608+00:00
End: 2023-12-31T23:59:59+0000
Location: Kwadrat

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Project info

Object ID: 2746

Finished at	March 2020
Price, m²	From 2300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	7
Apartments	82
Building phase	Facade finished
Condition	Black walls
Ceiling height	2.80 m.
Construction type	Monolyth
Security	—
Conveniences	Underground parking Commercial area 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

147,200$

Net profit

7,813$

Payback period

14.6 years

Avg property value increase per year

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About the project

KWADRAT is a housing estate, implemented in two stages, with approximately 300 apartments. In the first stage, on the side of Grabiszyńska, a building consisting of 82 apartments and 74 commercial premises was built. The second stage of the investment, designed on a square plan with an intersection on the northern wall, will be built on the side of ul. Inżynierska and will be commissioned by March 2020.

The offer of the second stage of the investment includes 1-, 2-, 3- and 4-room premises with an area of 22 to 108 m² (94 apartments and 69 commercial premises for hotels). All of them will have balconies, loggias or terraces. The estate is distinguished by modern buildings aesthetics, in which materials such as glass, steel and clinker tiles attract attention, as well as carefully designed apartments with favorable layouts appreciated by customers. Thanks to the use of large windows, all rooms will be naturally bright.

The Kwadrat investment is located in Grabiszyn-Grabiszynek, ul. Grabiszyńska 180 (3.7 km from the center of Wrocław), was realized by the developer PROFIT Development.

The entire project consists of 163 new apartments. The building has 6 overground storeys with a ground floor and 1 underground floor.

Currently, there are 0 apartments with an area of 64 square meters for sale in the Kwadrat development.

Developer

PROFIT Development S.A. is a joint-stock company that was established in 2003. The founders of the company were Piotr Adamek and Robert Sowa…
Details about Profit Development