2 Room Apartment in Praga South, Warsaw

An opportunity to invest in a 2 room apartment in the city of Warsaw, Poland. This investment will include the fully-managed service by Propdo.


Sixth floor apartment in the second phase of the "Omulewska 26" residential project, carried out by Matexi Polska in the Praga-Poludnie district. The project is within walking distance of the Warsaw Soho and about 10 minutes drive from the business centre of the Srodmiescie district.

2 Room Apartment in Praga South, Warsaw

An opportunity to invest in a 2 room apartment in the city of Warsaw, Poland. This investment will include the fully-managed service by Propdo.


Sixth floor apartment in the second phase of the "Omulewska 26" residential project, carried out by Matexi Polska in the Praga-Poludnie district. The project is within walking distance of the Warsaw Soho and about 10 minutes drive from the business centre of the Srodmiescie district.

Apartment Price
438,000 złoty

Apartment Size + Balcony
44.45 sqm + 4.17 sqm

Parking  
30,000 Zloty

Floor
6

Finishing Costs  
80,010 Zloty

Delivery Date  
Third Quarter 2021

Legal Costs  
8,000 Zloty

Developer  
Matexi Polska

Propdo Fees  
5% + VAT

Payment Plan  
Depending on construction

Total Investment
588,536 Zloty

Projected IRR
8-10% + Capital Gains

Apartment Price
438,000 złoty

Apartment Size + Balcony
44.45 sqm + 4.17 sqm

Parking  
30,000 Zloty

Floor
6

Finishing Costs  
80,010 Zloty

Delivery Date  
Third Quarter 2021

Legal Costs  
8,000 Zloty

Developer  
Matexi Polska

Propdo Fees  
5% + VAT

Payment Plan  
Depending on construction

Total Investment
588,536 Zloty

Projected IRR
8-10% + Capital Gains

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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 Praga South district lies of the eastern banks of the Wisla River, near the City Centre. It is home to around 180,000 residents, which comprises about ten percent of the city’s population. Praga South is currently amid an intensive renewal process. Over the last few years, many young artists have come to reside here, adding to the youthful and bohemian atmosphere.


One of the trendiest points in the quarter is the Soho Factory – an industrial area converted into a vibrant centre containing art galleries, architecture and designer offices, restaurants, supermarkets and other amenities.


The Borough's distance from the centre is about a 10-minute drive, and there’s the subway and other public transport options available for commute. Praga was recently featured by one of the UK’s leading newspapers (The Independent) as one of the 10 coolest quarters in Europe.

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Characteristics: 26 Omulewska is a residential complex made up of three buildings, containing 453 apartments, with apartments ranging from 27 to 89 sqm. The project includes an underground parking lot, as well as a large green inner courtyard.


Location: This project is located at the centre of Praga South, not far from the Soho area and the national football stadium, used as the Polish national team’s home ground since its completion in 2012. The area includes schools and kindergartens, as well as large shopping centres. In 2024, Ostrobramska Metro Station is expected to be a 10 minute walk away.


The Developer: Matexi Group is the largest and the leading residential real estate developer in Belgium and have been building residential projects across Europe since their establishment around 70 years ago. The company currently has 350 employees around the world.

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Capital Gain

Rental Yield

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.

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