|    |  Podil office

Podil office.

Office in a 3-room apartment in a historic building near the “Kontraktova Ploshcha” metro station, total area – 115 sq. m.
The renovation was done in a loft style, incorporating authentic historic brick and natural wood.

Target audience: IT companies, creative agencies, agricultural firms.
Renovation period: 3 months.

The renovation was completed exactly on schedule and within the agreed budget.
The office was leased to an IT company for a long-term rental one week before the renovation was finished.

Full payback period: 7.3 years.

Currently, the property is managed by E&A Partners, ensuring the investor a stable passive income.

Date:
Tags:
Size:
115 м²
Annual return: 13.55%
IRR:
22.66%
Capital appreciation: +36%, based on cap rate of 10%

Get the cost to renovate your rental property.