Studio in Diasfera Lodzka, Srodmiescie, Lodz

An opportunity to invest in a studio apartment in the city of Lodz, Poland. This investment will include the fully-managed service by Propdo.


Investing with Propdo will get you 2% off the apartment price!


This studio apartment is in the Srodmiescie (city centre) district of Lodz, within the Diasfera Lodzka complex. The development is currently in phase 2 and is being developed by Duda Development. The project is located near Pietrokowska Street, Lodz University and Lodz Railway Station.

Studio in Diasfera Lodzka, Srodmiescie, Lodz

An opportunity to invest in a studio apartment in the city of Lodz, Poland. This investment will include the fully-managed service by Propdo.


Investing with Propdo will get you 2% off the apartment price!


This studio apartment is in the Srodmiescie (city centre) district of Lodz, within the Diasfera Lodzka complex. The development is currently in phase 2 and is being developed by Duda Development. The project is located near Pietrokowska Street, Lodz University and Lodz Railway Station.

Apartment Price
271,362 zł  266,144 zł

Apartment Size + Balcony
34.79 sqm + 3.36 sqm

Floor
5

Finishing Costs  
62,622 Zloty

Delivery Date  
1st Quarter 2021

Legal Costs  
8,000 Zloty

Developer  
Duda Development

Propdo Fees  
4% + VAT

Payment Plan  
During Construction

Total Investment
352,527 Zloty

Projected IRR
8-12% + Capital Gains

Apartment Price
271,362 zł  266,144 zł

Apartment Size + Balcony
34.79 sqm + 3.36 sqm

Floor
5

Finishing Costs  
62,622 Zloty

Delivery Date  
1st Quarter 2021

Legal Costs  
8,000 Zloty

Developer  
Duda Development

Propdo Fees  
4% + VAT

Payment Plan  
During Construction

Total Investment
352,527 Zloty

Projected IRR
8-12% + Capital Gains

‎IRR
9.71%
CAP
5.37%
Yearly Cash Flow
13,864
ROI
22.18%
Year 1 2 3 4 5 6 7 8 9 10
Investment ‎-88,131 ‎-264,395 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Rent ‎0 ‎19,800 ‎21,600 ‎21,600 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Management Fee ‎0 ‎-1,980 ‎-2,160 ‎-2,160 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Additional Expenses ‎0 ‎-458 ‎-500 ‎-500 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Rental Tax Payment ‎0 ‎-4,653 ‎-5,076 ‎-5,076 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Selling Price ‎0 ‎0 ‎0 ‎402,842 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Capital Gains Tax Payment ‎0 ‎0 ‎0 ‎-12,578 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Total ‎-88,131 ‎-251,686 ‎13,864 ‎404,127 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
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Poland’s entrance into the European Union (EU) in 2004 has seen more positive trends in terms of the country’s development. Since 2004, the Polish economy has been consistently increasing, whilst displaying good growth rates. Today, just over 15 years following its entrance to the EU, it is defined as the strongest economy in Eastern Europe.


Following the fast growth of Polish economy, Forbes Magazine has recently stated that “Poland is one of the world economy’s great success stories right now”. Additionally, according to a report published in 2018 by Ernst & Young, Poland is breaking new ground as the most attractive destination among all Central and Eastern European countries (CEE) for real estate investments.

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Lodz is the third largest populated city in Poland, with 700,000 inhabitants. It's located centrally and is around 45 minutes from the capital city by car and in 2017, the city of Lodz underwent a severe urban development process, renovating almost every corner of the city centre.


Thanks to the geographical location of the city in central Poland, Lodz has in recent years become one of the most desirable development destinations and is the most important transport centre in the country. The government established the Polish Central Railway Terminal in the city of Lodz and is a critical axis both in connection with the main cities of the country and in connecting Poland with other European countries.


With national and European investment, Lodz is undergoing gentrification and redevelopment to become another leader in technological, scientific and service-based industries.


Lodz property prices are still cheap compared to prices in Warsaw, despite the fact that the geographical distance between them is not great. An advantage of investing in Lodz is the possibility of investing in the heart of the city at prices significantly lower than the City of Warsaw, while still enjoying high rental yields. The city benefits from excellent transport links, connecting both the residential and commercial districts.

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Srodmiescie is the business and cultural hub of the city, and all the key amenities and points of interest are within the borough's jurisdiction. Among other things, the University of Lodge (including the renowned film faculty), the offices of all major companies operating in the city, cafes, pubs, theatres and restaurants are positioned here. In 2017, an accelerated program for the redevelopment of Srodmiescie began, in accordance with a unique plan that works to renovate and develop 1,000 acres that will combine the commercial and residential elements of the city.


In addition, the city centre is currently undergoing a conservation program led by the Lodz Municipality, in which the facades of houses and various streets are being maintained and renovated. Some of the major transformation projects within the city centre include the renovations of brownfield sites, which require more intensive planning, in order to ensure the plot is fit for purpose. Key developments include the EC1 heat and power plant, the EC1 science and tech centre, the planetarium and the Fabryczna railway station.

Features: The project is currently in the second phase of construction. Within the project, there are 199 apartments with an area between 25 to 95 square metres from studios to 4-room apartments.


Location: The project is located in Srodmiescie, which is the city centre. It is close to Piatrocowska street, the University of Lodz, around 50m from the tram, 200m from the bus station, 900m from Lodz Gallery and 1.4km from the Lodz Film School.


Developer: Duda Development have over 20 years of experience within real estate and are renowned for producing functional and adjustable commercial and residential projects across Poland.

FAQs

All you need to do is click "continue" follow the steps, agree to the terms of our Management Agreement and click invest. We will manage everything from there. If you have any questions about the process or our management agreement, contact us here.

After you decided to invest through our platform, our representatives will contact you in order to guide you through the next stage of the process.

The next step may involve meeting with a notary at a location (in your home country) convenient for you, and to sign a Power of Attorney in his presence. This allows us to represent and facilitate the investment process for you.

Following from this, you’ll be requested to transfer the investment amount to the dedicated ancillary account, in accordance with the amortization schedule. In addition, you’ll be required to transfer the management and platform service fees.

One of the main benefits of using our platform to procure new property investments is the use of our management services.

Our management services includes the stewardship of the entire buying process, negotiations with the property developer, interior designers and contractors, procuring a suitable tenant and ongoing general management of the property. In addition, we'll help you set up a bank account, obtain a mortgage, if possible, and perform all the legal legwork.

In a nutshell -- with your investment you will receive:

  • Full management of the procurement process
  • Organisation of all legal and bureaucratic procedures
  • Regular construction updates
  • Flexible payment plans
  • Fully-managed after purchase; including tenant sourcing & general management
  • A central dashboard for all your investments

No. There is no need to transfer a credit card nor a bank account number on the website. All the payments within the framework of the purchase are carried out by personal bank transfers.