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Investment property to be finished in an excellent location

Hamilton May is pleased to present an investment opportunity for renovation in a tenement house at ul. Kalwaryjska undergoing general renovation.

The premises have a total area of 51.81 m2 , and the usable area is 35 m2 . Apartment finishing design - adaptation into a comfortable living room with a kitchenette and a separate bedroom or a dark kitchen and 3 bedrooms. The apartment includes a storage room with an area of approx. 3 m2.

The property is perfect as a capital investment. It is possible to purchase three very similar apartments in this investment on preferential financial terms.

The tenement house is undergoing finishing works, currently completed:

  • Construction of a boiler room using the MPEC network ,
  • Replacement of electrical installation, water and sewage systems in common parts of the building,
  • Reconstruction of the gas installation or its liquidation in the common parts of the building,
  • Renovation of the ventilation system,
  • Extension of walls, ceilings, attics, balconies, staircases,
  • Replacement of the roof structure and sheathing,
  • Construction of the ceiling between the top floor and the attic.

Work in progress:

  • Renovation/ reconstruction of the front facade , the facade facing the yard, basements,
  • Arrangement of the yard,
  • Development of the developer's standard of common areas, staircases, corridors and halls.

Financing of the works will be provided by a bank loan taken out by the Housing Community. The monthly payment to cover the loan installment is included in the rent.

Kalwaryjska Street is located in a unique district of Krakow - Podgórze. The immediate surroundings are the green Vistula Boulevards , encouraging physical activity on the river bank.

There are also modern business centers within a few minutes' walk.

The property is located close to major transport hubs. Public transport stops (bus and tram) are located within a 2-minute walk from the tenement house, the Main Railway Station is 20 minutes away, and the Kraków-Balice Airport is approximately 20 minutes away by car.

Price 499,000 PLN including storage space

Please feel free to contact our office.

Property details

Ref: 20353
City
Street
Size
35 m2
Bedrooms
1
Bathrooms
1
Distance to centre
3km
Level
4
Admin fee
1,500 PLN
Last updated
05-06-2024
Cable TV
WiFi internet
Storage space

Sales Pricing

Ref: 20353
Price
499,000 PLN
Price/m2
14,168 PLN

Price 499,000 PLN including storage space

Hamilton May charges an agency fee for selling this property. The charge is a success fee and applicable on signing of the sales agreement.

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Property floor plan

Investment property to be finished in an excellent location - plan

Guide to Podgórze

Podgórze - the new center at the other side of the river

Discover one of the fastest-growing areas of Krakow: from the nineteenth century tenement houses at Rynek Podgórski to modern office buildings at the Matecznego roundabout.

Discover one of the fastest-growing areas of Krakow: from the nineteenth century tenement houses at Rynek Podgórski to modern office buildings at the Matecznego roundabout.

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