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| Features: Garden, Parking | ||||||||||||||||
| Amenities: Schools, Shops, Bars & Restaurants, Childrens Playground, In City | ||||||||||||||||
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Description: This investment offers the medium to low risk investor a perfect opportunity in Warsaw, a city with a property market that has experienced significant capital growth in recent years. Residence Azure located to the west of the city centre in a very desirable and well serviced suburb of Warsaw called Bemowo. Already benefiting from well established transport links, Residence Azure will be located in close proximity to the extension of Warsaw metros line 2 that is currently under construction. This new metro line will only add to the future growth potential of this high quality development. As the city of Warsaw develops as a major business and financial hub for the region, the demand for property is getting ever stronger. While some areas of the city have already experienced extensive redevelopment and capital growth, the area of Bemowo is well placed to accommodate the continuing demand for quality accommodation that the residents of Warsaw demand. Validus has secured 10 exclusive apartments in this attractive medium sized development and anticipates demand to be high. The payment structure is a 25% deposit with the final 75% due on completion. Quick Facts Residence Azure benefits from first rate transport links Close proximity to the extension of the Warsaw metro will drive demand With a conservative 15.2% p.a. anticipated capital growth, a one bedroom apartment could return 400% over a 5 year period Situated to the west of Warsaw city centre Bemowo is the perfect neighbourhood for the residents of Warsaw Gross estimated rental returns of between 4.8-5.9% p.a. Residence Azure is located to the west of the city centre in an area called Bemowo near to the Kampinoski National Park. This quiet and calm neighbourhood offers superb local facilities as well as many transport links. There are schools, shops, post offices and a large Tesco store close by and the development is currently well served with trams, buses and main road allowing for rapid access to the city centre. An added benefit of this development is the extension of the Warsaw metro with the second line extension being built very close to Residence Azure (see the diagram below) with a scheduled completion between 2012 and 2013. The proximity to the new metro line and the benefit of being able to travel freely around Warsaw will significantly increase the value of Residence Azure in the future. |
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