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PLEJADA is a multi-family development at a very good location in Lodz. The apartments are designed and completed to be “safe, modern and comfortable”.
Plejada is a mixed scheme incorporating both apartments and houses and by virtue of its pivotal location it is sure to become and remain a desirable address and should prove a very astute investment.
A seven-floor building with an underground car park is located at Przybyszewskiego Street close to the crossing with Al. Rydza-Śmigłego. Commercial premises will be provided in the ground floor for resident’s convenience. Plejada development gives easy and rapid access to the City Centre and other main districts of Lodz. There is a tram stop adjacent to the development with others nearby and there is a bus stop located just a few minutes walk from the building. Bus no. 55 takes you directly to the airport within 33 minutes.
You also have direct connection with other important places in the city like the City Centre / Piotrkowska Street (7 km Promenade with shopping facilities); Wolności Square, Dąbrowskiego Square ( The Great Theatre), Hospital, The Galeria Łódzka (shopping centre) and Silver Screen Cinema via other buses and 5 tram lanes within approximately 15 minutes. The location also ensures good connections with the highway to Warsaw and Katowice.
An important advantage of this location is that it is within walking distance to the Medical University and Technical University of Lodz. The area provides good commercial amunities, e.g. Carrefour Supermarket (450 meters) and Tesco (2 km) and number of schools and preschool institutions. A Further advantage of this location is plenty of green areas around. To the north is Jasien Park which covers 13 ha of park land, including a water pond and fenced playgrounds for children. To the south is Podolski Park which covers 15 ha. To the west are Lodz’s oldest parks, Zrodliska I and II with beautiful ponds and gardens.
The Developers aim is to create high quality homes in high quality locations which attract owner-occupiers to their schemes. They tend to limit the amount of units they sell to investors. This is a very appealing feature for an investor as high levels of owner-occupation within a development usually render them more desirable both from a rental and a resale perspective.
Another significant feature are the attractive payment terms for investors. 20% of the purchase price is payable on exchange of contracts with the 80% balance becoming due on completion which in this market is very rare as stage payments would be standard.