An investment apartment more and more profitable

In the first quarter of 2022, J.W. Construction has launched the sale of the last pool of investment apartments located at Al. Jerozolimskie 216 in Warsaw. The premises are already rented, thanks to which the buyer earns money immediately, and after the expiry of the contract, he can rent the premises on his own terms.
“By buying an apartment in Jerozolimskie Invest at Al. Jerozolimskie in Warsaw, for PLN 360,000, you can achieve an annual rate of return of approx. 8 percent gross. A ready-to-live, functionally furnished apartment can be rented immediately for the amount of approx. PLN 3,000 per month,” Małgorzata Ostrowska, Director of the Marketing and Sales Division at J.W. Construction, said.
According to PKO BP data, in the first two weeks of March, the number of available apartments for rent in Warsaw decreased by over 40 percent. This is probably related to refugees from Ukraine. It is possible that the pressure on the rental market will also be exerted by Poles who cannot afford a loan. Experts from the Otodom.pl portal forecast that, in addition to students, families will soon enter the rental market. Only in the first half of March, on the largest market in Warsaw, rates on the rental market increased by as much as 20-30 percent.
(WBJ)