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Wroclaw - Prime city centre buy to let apartments [ SOLD ]

 Region: Wroclaw

 Price: EUR € 84 281

 Bedrooms: 0

 Property Type: Apartment

 Development State: Off Plan

 
Description:
Nowa Brama is a stylish collection of apartments with a superb location close to Wroclaw city centre. Validus sees Nowa Brama as an essential addition to any investment portfolio featuring Poland. Wroclaw has been very popular with our clients and for good reason. The city has seen its property prices rise over the last few years and with continued investment and job creation in the city, this is set to continue. Wroclaw’s breadth of employment opportunities, ever maturing rental market and healthy economic growth all provide ripe ingredients for a medium to long term investment.

Key features:

Invest in Poland’s most dynamic city
Delivery scheduled Q3 2009
Average returns equate to 7% p.a.

The investment:

• Conceived by the AGP Spoczunski & Partners architectural studio
• 244 apartments across 8 floors
• Best rental opportunities are with studios and 1 bedroom apartments
• High quality development in prime location
• Aimed at the city workers and young professionals
• Local employers include Volvo, Wedel, Wabco, Toshiba, LG, Philips, Siemens, HP and UPS
• Most apartments benefit from terraces or balconies
• Video-phone access and 24/7 CCTV monitoring
• Silent lifts and landscaped grounds
• Highly reputable Polish developer
• Storage and underground parking available
• 9 Tram lines and 12 different bus routes nearby
• 10 minutes from shops and amenities of city centre
• Wroclaw is a host city for the 2012 European Football Championships

Financing
Polish mortgages in Swiss Francs, US Dollar, Euro and Zloty available subject to status. 80% LTV typical with rates between 3.5% to 7.5%.

Prices:
Studio apartments from £42,355 / €62,320
One bedroom apartments from £62,278 / €91,633

Payment schedule:
20% due within 14 days of reservation
80% on completion

Rent:
Estimated rental income is between 35 and 55 PLN/m2 depending on finish. Average returns equate to 7% p.a.


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