Studio in Project Drewnowska, Stare Miasto, 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 Stare Miasto (Old Town), within the Drewnowska 77 complex. The project is under construction by Tree Development Group. The project is located near the renovated Manufaktura complex and within walking distance of the cities main entertainment attractions and local amenities.

Studio in Project Drewnowska, Stare Miasto, 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 Stare Miasto (Old Town), within the Drewnowska 77 complex. The project is under construction by Tree Development Group. The project is located near the renovated Manufaktura complex and within walking distance of the cities main entertainment attractions and local amenities.

Apartment Price
265,679 zł

Apartment Size + Balcony
31.26 sqm + 3.61 sqm

Floor
2

Finishing Costs  
56,268 Zloty

Delivery Date  
4th Quarter 2022

Legal Costs  
8,000 Zloty

Developer  
Tree Development Group

Propdo Fees  
4% + VAT

Payment Plan  
During Construction

Total Investment
345,388 Zloty

Projected IRR
9-13% + Capital Gains

Apartment Price
265,679 zł

Apartment Size + Balcony
31.26 sqm + 3.61 sqm

Floor
2

Finishing Costs  
56,268 Zloty

Delivery Date  
4th Quarter 2022

Legal Costs  
8,000 Zloty

Developer  
Tree Development Group

Propdo Fees  
4% + VAT

Payment Plan  
During Construction

Total Investment
345,388 Zloty

Projected IRR
9-13% + Capital Gains

‎IRR
9.82%
CAP
5.48%
Yearly Cash Flow
13,864
ROI
22.41%
Year 1 2 3 4 5 6 7 8 9 10
Investment ‎-86,347 ‎-259,041 ‎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 ‎0 ‎394,684 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Capital Gains Tax Payment ‎0 ‎0 ‎0 ‎-12,324 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Total ‎-86,347 ‎-246,332 ‎13,864 ‎396,224 ‎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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Stare Miasto is situated in the city centre of Lodz and is a centuries-old neighbourhood filled with traditional architecture and modernisation projects.


Within the area, you will find the main market, the church square and an array of pubs, bars and popular streets that are often frequented by domestic tourists. The main focus point is the Manufaktura complex, which is a transformation project from industrialisation to a modern commercial, entertainment and retail complex.


The Manufaktura is a unique urban centre and serves the residents of the city and those outside it. The complex has over 300 brand shops and boutiques, restaurants, cinema, theatre and even a museum.

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Features: Drewnowska 77 is a large-scale 4-building project with a diverse selection of apartments between 29-100 sq.m.


Location: The project is situated on Drewnowska Street in Stare Miasto within the city centre of Lodz. The project is situated nearby some of the key historical and wartime landmarks, as well as the modernised Manufaktura complex and commercial buildings, that make up the city skyline.


Developer: Tree Development Group has been operating for over 10 years within Poland and have worked on numerous contracts in Warsaw, Krakow, Wroclaw and other major Polish cities.

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.