ID: 11981

30.09.16

Investment projects and startups in Ukraine

Development of residential estate project in Gdynia, Poland

The development of residential appartment building with a total space area of 90 000 square meters

Location:

Rdestowa 7, Gdynia, Польша

  • Stage:
  • Type of investment:
  • Land area                                                               - 90 000 m2 
  • Total space are of the appartment complex    - 52 000 m2    
  • Proprietory form                                                   - private
  • Price for the land parcel                                      - USD 7 875 000
  • Construction cost                                          - PLN 135 200 000 or USD 33 800 000
  • Development cost                                                - USD 200 000
  • Selling price of 1 sq.m                      - PLN 5500 per sq.m or  USD 1 375 per sq.m
  • Revenues from sales                            -PLN 286 000 000 or USD 71 500 000
  • Construction duration                                         - 24-36 months 

Stages of the project:

Stage 1. Conducting meetings and negotiations with the Polish side, and signing of memorandum of interests

Stage 2. Signing of the preliminary contract for the purchase of land plot and fixing the right to purchase the land plot

Stage 3. Development of the project and obtaining permits for the construction works

Stage 4. The purchase of the land plot

Stage 5. Carrying construction works for 18-24months

Stage 6. Conducting sales of the apartments for 18-24months 

Marketing and sales will start soon after the commencement of site works.

There are also promising land sites in Gdansk and Poland worth USD 500 000 - USD 10 000 000.

Location

Contacts

Connect with us!