House 1 250 m² Warsaw, Poland

Poland, Warsaw, Warsaw
Price on request
;

Location

  • Country
    Poland
  • State
    Masovian Voivodeship
  • City
    Warsaw

Property characteristics

Building parameters

  • The year of construction
    The year of construction
    1862
  • Total area
    Total area
    1 250 m²
  • Living area
    Living area
    1 250 m²
  • Land area
    Land area
    1 600 m²

Description

Description of property We encourage you to familiarize yourself with a unique property with great investment potential, located in a quiet and peaceful district of Wesoła in Warsaw. The presented property is a historic building from 1862, which in recent years served as a staff hotel. Price: PLN 1,699,999 (subject to minor negotiations) Area: 1250 m² on a 1600 m² plot. Given the existing usable area and the size of the plot, the building offers a wide range of adaptation possibilities. The property, in need of major renovation, provides an excellent platform for creative subdivision into smaller residential units or the creation of a luxury apartment building with additional amenities. Investment potential: Expansion and modernization: The space offers the flexibility to create 10 to 30 modern residential or commercial units, with the potential for a significant return on investment. Partial renovation: 250 sqm of the property was recently renovated, showing the possibilities and quality of the space after the renovation. Ownership structure: the main part of the building has full ownership, providing a solid foundation for further legal and construction activities. The estimated cost of renovation and adaptation is about 3-4 million PLN. Advantages: Full ownership with a clean land register. Location in a well-connected neighborhood with easy access to central parts of the city. Large, well-sunlit plot area, providing opportunities for outdoor space. Future: An ideal proposal for a developer interested in creating an exclusive residential site. Potential for a mixed-use project ranging from apartments to an exclusive boutique hotel. Possibility to resell 75% stake in the property or establish a strategic partnership. Additional assets: Large, green garden. Garage under the building. Possibility of own arrangement of the basement and public spaces. We encourage investors to recognize the unique character of this property and to discuss the opportunities it offers. This is not just a real estate sale, it is an invitation to co-create a space that can change the face of Wesola. CONTACT: Iwo Zarzycki EstateStreet Tel: 796 930 690 E-mail:
Posted at: 22/03/2024
Updated at: 26/04/2024

Location on the map

Poland, Warsaw, Warsaw

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