Good morning,

I have an attic for sale in Chorzow at 44 16go Lipca Street (Chorzow Batory) to be converted into 4 independent residential units of about 50m2 each or 6 studio apartments for rent.

Great investment with an excellent return rate for both rental and resale.

There is a building permit, all approvals and projects are available!

Purchase price for the attic: 200,000 PLN
Transaction costs approximately 5,000-6,000 PLN (Buyer does not pay commission)
Cost of extending (raising the attic): approximately 200,000-250,000 PLN

Option A: Resale with profit:
Cost of separating 4 independent apartments: approximately 100,000 PLN
Total investment: approximately 50,000-55,000 PLN.
Sale of approximately 50m2 residential units in the attic: at approximately 200,000-250,000 PLN each -> Together: 800,000-1 million PLN.
Profit: 250,000 PLN in approximately 6-12 months.

Option B: Renting out 6 studio apartments:
Renovation cost with furnishings: approximately 600,000 PLN
Total investment: approximately 1 million +/- 5%
Profit approximately 1,200-1,500 PLN net per studio/month, 7,200-9,000 PLN net for the whole/month
7,200 PLN-9,000 PLN x 12 months = 86,400 PLN-108,000 PLN / year  8.5%-10.5% return rate!

I am willing to assist the new owner through the renovation process for rental or resale.

Thank you to intermediaries for their cooperation, unless they charge a commission only from the Buying side.

I invite specific interested parties for viewing.

Sylwia
Mobile: 66******60 | Seller: Sylwia |

Data source: https://www.olx.pl/d/oferta/sprzedam-poddasze-w-chorzowie-batorym-do-podzialu-na-4-6mieszkan-CID3-ID16lR1j.html