Studio Apartment in Praga North, Warsaw

This studio apartment is situated in one of the most developed districts in Warsaw on the eastern bank of the Vistula River, within proximity of the city centre (Srodmiescie) and the business district. The project has been developed on the site of an ancient building in the city. Known to the locals as the "Duck Building." The Project is called Stacja Prag in the Pragna-Polnoc District.


View information about the project & the pricing below. If you have any questions, check our FAQs at the bottom or contact us by telephone or email.

Studio Apartment in Praga North, Warsaw

This studio apartment is situated in one of the most developed districts in Warsaw on the eastern bank of the Vistula River, within proximity of the city centre (Srodmiescie) and the business district. The project has been developed on the site of an ancient building in the city. Known to the locals as the "Duck Building." The Project is called Stacja Prag in the Pragna-Polnoc District.


View information about the project & the pricing below. If you have any questions, check our FAQs at the bottom or contact us by telephone or email.

Price
343,023 złoty

Total Investment
429,400 złoty

Status
Construction Completion

Apartment Size
31.47 Sqm

Delivery
July 2019

Developer
PHU Partner

Floor
4

Additionals
Parking

Price
343,023 złoty

Total Investment
429,400 złoty

Status
Construction Completion

Apartment Size
31.47 Sqm

Delivery
July 2019

Developer
PHU Partner

Floor
4

Additionals
Parking

Continue
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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, almost 15 years following its entrance to the EU, it is defined as the strongest economy in Eastern Europe, and the sixth in largest in the EU.


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 Poland’s development process, serving as a major attraction for Investors, Developers, tourists and the younger generation. Over the last 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 Housing Price Index in Warsaw has increased by 6% during the last year, following consistent increases in previous years as well.

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The northern Praga District is situated on the eastern banks of the Vistula River, close to the City Centre and southern Praga District. The northern quarter covers around 11 square kilometres and houses around 70,000 residents.


The uniqueness of the Northern area is it's age and the area is current undergoing gentrification efforts. Not just to improve the quality of life, but to preserve the more historic buildings.


In terms of commuting, there's a main road that cross the Vitsula River and the city's light rail network runs through the quarter. Furthermore, the public transport system is continually being developed with more lines and stations appear in various quarters across Warsaw. Making Praga North even more accessible in 2019.

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Characteristics: The Stacja Prage Project consists of 124 apartments ranging from 26-160 square metres. Each situated amongst the 6 storey complex. An added bonus is that project has an underground parking area included.


Location: This property development is located in the south-western part of Praga North, close to the popular project Port Praski. Making this the perfect location for young professionals. Close to the project their are two metro stations and a third is set to open later to 2019.


Property Developer: PHU Partner are an experience Polish developer who've been established since 1993. To date they've created over 2,000 residential apartments, complex commercial properties, shopping centres, industrial warehouses and petrol stations. There website is currently in Polish, if you would more information about them, please don't hesitate to get in touch.

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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.

The total investment cost is 86,000 Zloty more than the apartment price because at Investmart we want our Investors to understand what the exact cost of their investment will be.

Here's a breakdown of the costs

  • Apartment Price (343,023 zlotys),
  • Finishing works & furnishing (56,646 zloty),
  • the legal expenses relating to the procurement (6,000 zloty)
  • Costs associated with the management services (23,731 zloty).

The price of the apartment and the finishing works are both determined by the Property Developer and their Service Providers.

  1. After continuing and acknowledging our management agreement, our representatives will contact you in order to guide you through the next stage of the process. Feel free to contact us , if you wish to negotiate and discuss the terms.
  2. The next step may involve meeting with a Notary at a location (in your home country--only if required) 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.
  3. Following from this, you’ll be requested to transfer the investment amount to the dedicated ancillary account, in accordance with the amortisation schedule. In addition, you’ll be required to transfer the management and platform service fees.

One of the main benefits to using our platform to procure new property developments is the use of our management services. Although, this page makes us look more like a realtor, we are not.

We provide a management service to property investors looking to diversify their portfolio abroad. Which will include managing the entire sales process, negotiations with the Property Developer, Interior Designers and Contractors. In addition, we'll help you set up a bank account 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 & photographs
  • Ability to pay with instalments
  • Payment is not required through our platform
  • Fully Managed after purchase; including Tenant Sourcing & General Management
  • Everything can be viewed & managed from your Investmart account

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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