Apartment Warsaw, Poland

Poland, Warsaw, Warsaw

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Location

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Country

Poland
State

Masovian Voivodeship
City

Warsaw

Description

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: