J.W. Construction has launched for sale 224 investment apartments at ul. Pileckiego 59 in Warsaw, the company said.
“Pileckiego 59 apartments belong to the so-called aparthotel category, so when buying a flat, we can deduct a 23% VAT rate. The purchase of such a flat is also connected with the statutory amount of real estate tax and they do not generate the risk associated with the effects of the act on the protection of tenants’ rights. They can be intended for short-term rent, they are ideal as an office. All premises are secured by a notarial deed and an entry in the land and mortgage register,” said Małgorzata Ostrowska, director of the Marketing and Sales Division at JW Construction.
The project includes 224 investment apartments ranging in size from 17 to 52 sqm. They all have large balconies and are equipped with air conditioning.
On the ground floor there are commercial and service premises, including those adapted to run a fitness club and restaurant.
“When a property is built in a prestigious area, the apartments are ideal for both short-term and long-term rental, and then the income in the form of rent is even greater and more reliable. For many clients, such premises have been the number one choice for several years: They secure capital well and are burdened with low risk. Owners of real estate know well that the annual increase in its value may even approach 10%. Real estate will not stop because all its price components become more expensive, starting from the land, through materials and labor costs. as a term deposit it is a safe option for people who want to secure their future when thinking about retirement. I also think that the Pileckiego 59 apartment building would be a great dormitory, so it can be a tasty morsel for one of the universities in Ursynów,” added Ostrowska.
Source: J.W. Construction and ISBnews
