Studio Apartment, Project Na Woli, Warsaw

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


Investing in this property through Propdo will save you 1.5% of the price.


The studio apartment is in the Na Woli project by Devalia in the Wola district. The project is located close to the main financial district of Warsaw (Mirow) to the west of the city centre district (Srodmiescie). The metro station, Norblin 04 is located nearby the project providing quick access to the business district and other key districts in the city.

Studio Apartment, Project Na Woli, Warsaw

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


Investing in this property through Propdo will save you 1.5% of the price.


The studio apartment is in the Na Woli project by Devalia in the Wola district. The project is located close to the main financial district of Warsaw (Mirow) to the west of the city centre district (Srodmiescie). The metro station, Norblin 04 is located nearby the project providing quick access to the business district and other key districts in the city.

Apartment Price
327,129 złoty

Apartment Size + Balcony
24.69 + 4.88 (sqm)

Parking
Not Available

Floor
6th

Finishing Costs  
39,504 Zloty

Delivery Date  
Third Quarter 2022

Legal Costs  
8,000 Zloty

Developer  
Develia

Propdo Fees  
4% + VAT

Payment Plan  
Depending on construction

Total Investment
392,165 Zloty

Projected IRR  
8-12% IRR

Apartment Price
327,129 złoty

Apartment Size + Balcony
24.69 + 4.88 (sqm)

Parking
Not Available

Floor
6th

Finishing Costs  
39,504 Zloty

Delivery Date  
Third Quarter 2022

Legal Costs  
8,000 Zloty

Developer  
Develia

Propdo Fees  
4% + VAT

Payment Plan  
Depending on construction

Total Investment
392,165 Zloty

Projected IRR  
8-12% IRR

‎IRR
11.98%
CAP
5.67%
Yearly Cash Flow
16,298
ROI
31.44%
Year 1 2 3 4 5 6 7 8 9 10
Investment ‎-196,082 ‎-196,082 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Rent ‎0 ‎23,100 ‎25,200 ‎25,200 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Management Fee ‎0 ‎-2,273 ‎-2,479 ‎-2,479 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Additional Expenses ‎0 ‎-458 ‎-500 ‎-500 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Rental Tax Payment ‎0 ‎-5,428 ‎-5,922 ‎-5,922 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Selling Price ‎0 ‎0 ‎0 ‎493,196 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Capital Gains Tax Payment ‎0 ‎0 ‎0 ‎-25,257 ‎0 ‎0 ‎0 ‎0 ‎0 ‎0
Total ‎-196,082 ‎-181,142 ‎16,298 ‎484,236 ‎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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Warsaw is at the forefront of the development process described above, serving as a major attraction for investors, entrepreneurs, tourists, and young educated Polish residents. Over the last two decades, Warsaw has been undergoing a fast process of urban development, and is currently considered as a flourishing European capital. Warsaw’s city centre and its surrounding neighbourhoods are packed full of restaurants, pubs, and coffee shops, and offer a vibrant night life. The city is covered by a broad public transportation system, including a subway, and many international companies establish their branches in the city.


According to the central bank of Poland (NBP), the Housing Price Index in Warsaw has increased by 10% during the last year, following consistent increases in previous years as well.

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The Wola district is located west of the city centre and covers an area of ​​about 20 square kilometres. The district is home to the Warsaw Spire and the main financial district, in Mirow.


The eastern part of the district is mostly commercial, whereas the western neighbourhoods, such as Ulrychów where the project is located are mostly residential. The districts have good access to public transport via bus, tram and metro with further expansions expected in the next year.


Within the district, there are 11 university campuses such as the University of Socioeconomics, University of Finance and the University of Humanities. On top of that, Wola Park is the main commercial and retail centre with over 2000 stores, covering 17,000 sqm.

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Features: The Na Woli project is a residential complex of 1-4 bedroom apartments between 29-105 sq.m.


Location: The project is located in the western part of the district, with the Ulrychów neighbourhood. The project is surrounded by four major parks and is close to nearby schools, kindergartens and entertainment facilities. Moreover, the neighbourhoods in Wola are currently undergoing improvements as part of the local municipalities Wola 2025 plan in order to improve public infrastructure and reduce social isolation across the district.


Developer: Develia has been listed on the Warsaw Stock Exchange since 2007 and operates in commercial and residential real estate. The company operates in six Polish cities simultaneously (Warsaw, Lodz, Wroclaw, Krakow, Katowice and Gdansk) and is currently managing 18 simultaneous projects across the country.

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 include 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
  • The 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.