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Apartment Warsaw, Poland

Poland, Warsaw
Price on request
08/11/2024
$0
29/10/2024
$0
14/10/2024
$0
22/03/2024
$473,847
;
20
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ID: 2148653
Property ID on Realting
Last update: 28/02/2025

Location

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  • Country
    Poland
  • State
    Masovian Voivodeship
  • City
    Warsaw

Description

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Property description

We encourage you to familiarize yourself with a unique property with great investment potential, located in the quiet and peaceful Wesoła district in Warsaw. The presented property is a historic building from 1862, which in recent years has served as a staff hotel.

Price: PLN 1,699,999 (slightly negotiable)

Area: 1250 m² on a 1600 m² plot.

Considering the existing usable area and the size of the plot, the building offers a wide range of adaptation possibilities. The property, requiring major renovation, is an excellent platform for creative division into smaller residential premises or creating a luxury apartment building with additional amenities.

Investment potential:

  • Expansion and modernization: The space offers flexibility in creating 10 to 30 modern residential or commercial premises, with the potential for a significant return on investment.
  • Partial renovation: 250 m² of the property has recently been renovated, showing the possibilities and quality of the space after renovation.
  • Ownership structure: The main part of the building has full ownership rights, which provides a solid basis for further legal and construction activities.
  • The estimated cost of renovation and adaptation is approximately PLN 3-4 million.

Advantages:

  • Full ownership with a clean land and mortgage register.
  • Location in a well-connected district, with easy access to the central parts of the city.
  • Large, well-sunlit plot area, giving the possibility of developing the external space.

Future:

  • Ideal proposition for a developer interested in creating an exclusive residential place.
  • Potential for implementing a project of a diverse nature - from apartments to an exclusive boutique hotel.
  • Possibility of reselling 75% of shares in the property or establishing strategic cooperation.

Additional advantages:

  • Large, green garden.
  • Garage under the building.
  • Possibility of own arrangement of the basement and public spaces.

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Poland, Warsaw
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