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Fix & FlipLong-term rentalApartment splitOld Town

Mennicza Street

Old Town · 77 m²

How we turned PLN 650k into 36.8% ROI in 5.5 months

36.8%

Sale ROI

~PLN 300k

Net profit

5.5 months

Timeline

PLN 650k

Purchase price

Transformation

Rendering 1 of the apartment split into two units on Mennicza Street

Project story

A historic townhouse in the very heart of Wroclaw on Mennicza Street in the Old Town. The property was acquired below market value after quickly resolving a social insurance debt left by the previous owner. PLN 30k of debt translated into a discount far greater than that amount.

The strategy was clear from day one: split 77 m² into two independent, fully functional apartments. The Old Town location supported both strong rental rates and strong resale demand.

The renovation lasted four months and included a full layout redesign, new installations, turnkey finishing, and furnishing. The design language was intentionally neutral and timeless, suitable for both tenants and future buyers.

Execution timeline

Month 1

Property purchase, settlement of the social insurance debt, and notary formalities

Month 2

Split design, permits, and start of demolition works

Months 3-4

Electrical and plumbing works, new partition walls, and interior finishing

Month 5

Furnishing, home staging, and photo session

Month 5.5

Sale of both units or signing long-term lease agreements

Cost structure

Purchase pricePLN 650,000
Notary and court fees~PLN 15,000
Renovation and splitPLN 170,000
Furniture for 2 units~PLN 40,000
Contingency~PLN 10,000
Total investment~PLN 885,000

Outcomes

Sale

Both apartments sold for a combined ~PLN 1,185,000. Net profit: ~PLN 300,000. ROI: 36.8% in 5.5 months.

Rental

Alternative scenario: rent both units for a combined ~PLN 6,400 per month. Annual rental ROI: 8.7%.

"The financial result speaks for itself, but the peace of mind throughout the entire process mattered most to me."
Investor, Mennicza project

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