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Property for sale information

 
Riverside Apartments, Warsaw  
Reference nr: SB340655
Description:

Without doubt, one of the most prestigious developments currently under construction in Warsaw. Located on the banks of the Vistula, this stunning development offers exquisite penthouses and beautiful apartments, set within a gated, landscaped environment.

Key selling points

The finest residential development in Warsaw
Exquisite riverside living
Spectacular location, moments from the old city
Apartments to suit a range of budgets
Exciting residential investment market enjoying rapid growth
Poised to deliver consistent capital and rental growth
Description
The location of this development is without comparison in Warsaw, offering beautiful views of the River Vistula, and within a few moments of the old city, with its cobbled streets and magnificent architecture.

Within this location, the developers are creating a unique gated community, with exquisite apartments designed to appeal to a variety of buyers, but all of whom demand the same uncompromising attention to detail, the same high standards of design and construction, and who all want to own an apartment in the finest location that Warsaw has to offer.

The development consists of three state of the art buildings looking towards the river, and set in a courtyard environment behind, further low rise buildings, with landscaped gardens and surrounds. Phase 1 of this development is now released, with completion envisaged in the second half of 2009.

Phase 2 of the development will involve the creation of a small number of high quality residential and office buildings, together with the convertsion of the old Powisle Power Station into a 5* boutique hotel, with approximately 100 rooms, luxury spa and fitness facilities, conference suite, and a high quality retail space and, in the atrium, prestigious overhead office space.

Prices range from PLN 42,000 per square meter for the river facing penthouses, to under PLN 13,000 per square meter for apartments in the courtyard area of the devlopment.

These apartments will appeal to the demanding investor, looking for the highest quality opportunity within one of the great capital cities of Europe. Warsaw is enjoying a renaissance at the present time, fuelled by Poland's recent entry into the European Union, which has attracted many of the the worlds largest companies to the city, and which has created economic conditions that have made Warsaw one of the most attractive and exciting investment locations in Europe.

Bedrooms: Bathrooms: Price (€):
2 2 249,070
Features:
City
Submission Date:
12-06-2007
Advertiser Details:


Name:
Stewart Black

Company:
Property Gem

Phone:
0044 20 7430 0262
Fax:

Mobile:

 
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Calculators

 
Property price: €249,070
 

Mortgage

Initial Payment (%) *  Annual Interest Rate (%) *  Term of Loan (Yrs) 
   
Loan Amount (€)  Monthly Payment (€)  # of Payments 
 
Description: The calculator estimates monthly mortgage payments taking into account the loan amount (which depends on % of the initial payment), the interest rate and term of the loan
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations

ROI

Initial Investment (%)  ROI Calculation Term (Yrs)  Term of Loan (Yrs) 
Annual Rental Yield (%) * Annual Capital Appreciation Rate (%) * Annual Mortgage Rate (%) *
Once Off Taxes & Payments on Property Purchase (%) * Taxes & Other Annual Payments on Rental Income (%) * Other Annual Fix Payments (€) *
   
Loan Amount (€)  Mortgage Payments (€)  Additional Costs (€) **
Capital Appreciation (€)  Gross Rental Income (€)  Return on Investment (%) 
 
Description: Return on Investment (ROI) calculator estimates in % the income that the Initial Investment provides in the period of time set in "ROI Calculation Term" input box
Notes:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations
** The Additional Costs are estimated as sum of once off payments (taxes, legal support and services etc.) required to become the owner of a property, annual payments from rental income (taxes, management fees etc.) and other fix annual payments (if any); all these payments vary in different countries, regions, properties etc. and are subject to preliminary assessment & consultations

Equity Rel.

Current Property Value  Existing Mortgage  Max. Lending Available (%) * 
Max. Equity Available  Amount to Release  Annual Interest Rate (%) * 
   
Monthly Cost of Top Up (Interest Only) 
 
Description: Equity Release is a means of retaining use of your property, while also obtaining a steady stream of income, using the value of the property; the income depends on current value of the property, amount to be released and paid annual interest rate
Note:
  * These indicators may vary in different countries and are subject to preliminary assessment & consultations