Investment Description

The current condition of the tenement is good: most of the apartments are rented on a short-term basis, others are for renovation. As in any investment, renovation work is planned. Such action is not a requirement, but a desire to raise the standard of the tenement.

The scope of renovations includes

  • connecting the tenement to the MPEC central heating and hot water network,
  • replacement of window frames with new ones,
  • replacement of roof sheathing,
  • renovation of the front facade,
  • construction of an elevator with access to apartments in the front building,
  • renovation of the facade on the side of the courtyard,
  • renovation of part of the basement to make storage cells.
  • Renovation of sanitary and electrical installations,
  • renovation of staircases and hall,
  • reconstruction of a section of the building to make a garbage room in the basement,
  • execution of a new arrangement of the courtyard.

For convenience, a quiet elevator is planned in the tenement. The entire investment will be arranged in the character of investments such as Plac na Groblach 19, Sarego 3, Sarego 16 in Cracow.

Renovation of the tenement will be financed from payments to the repair fund of the Housing Community.