Ref: HS1662428

Property for sale in Warsaw, Masovian Voivodeship, Poland

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PLN zł3,200,000 (approx. GBP £637,323)

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Property Details

Property: Property (Resale)
Bedrooms: N/A
Bathrooms: N/A
Receptions: N/A

Business in Mazowieckie, Poland

Features

Plot of circa 1800 sq.m. situated in Warsaw in a very good location with current development plan for 8 houses with the building permission (should be obtained in Oct./Nov. 2008) of total surface of circa 1500 sq.m.The process of obtaining the building permission is normally long and complicated; in this case the investor went throuhg entire procedure. It means there is no risk in the documentation any more. The project can by analysed on the present economical bases such as: size of the plot, usable square meters and the market price. In this case the sell price was calculated on the level of 8.500z?/m2 which gives you the profit of around 4.000.000 PLN; the nearest flats are being sold at the price of 10.200z?/m2. The plot is situated close to the city center. The project was awarded in the competition 'Warsaw of the future'.

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Disclaimer: Property Reference: HS1662428. This listing is a property advertisement. PropertyIndex.com does not control the content of the advertisement and makes no warranty as to the accuracy or completeness of the advertisement, or any associated or linked information. This property advertisement does not constitute property particulars.