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| Property Type: Apartment |
Property Site: City / Village |
| Country: POLAND |
City: |
| Zip Code: |
Region: Krakow |
| Address: |
Vacation Property (for rent): No |
| Construction Year: |
Surface Area: |
| Bedrooms: 1 |
Bathrooms: 1 |
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the perfekt network for your holiday in south-Italy
Poland is a hot tip, Krakow is a tourist boom town with a shortage of accommodation, I have a management company in place.
Code. MAG708
Location: City/Town
Region: Krakow
Further Details:
legal status: freehold,
street: Siemiradzkiego Street
location: Kraków; Stare Miasto
floor: 1 - 4
type of building: detached house, old development,
technical condition of a building: after general overhaul,
technical condition of a flat: after general overhaul,
finishing: shell condition.
living space: 28 - 67 m2
price: od/from 10 500 PLN/m2 + 7 VAT (2795 euros per sq mt approx)
balcony: yes
cellar: 5 - 8 m2 included in the price.
heating: individual central heating system, gas,
noise: low,
approach: very good,
notes: • Character 1911 building in the heart of Krakow • 10 minutes walk from the Main Square • 31 luxury apartments • Apartments in range of 28m2 – 66m2 • Completion date: 4th quarter 2007,
Krakow as an Investment
Standard and Poor's - on of the world's largest rating agencies - has been preparing annual investment risk ratings for the city since 1997. In 2005, Kraków was rated at BBB+. This high credit rating enables the city to obtain loans for the financing of investment and development projects. It also guarantees favourable conditions for bond sales (including international markets).
Dynamism and unprecedented changes are the main characteristics of the Krakow real estate market. Since Poland's accession to the EU we have experienced huge interest in Krakow and price growth has been seen in every market segment, from dwellings to warehouse space.
From 2004 onwards, demand has significantly exceeded supply and nothing implies that this situation will slow or even level off.
It seems that Krakow's citizens have begun to appreciate the value of investing in new real estate, while foreigners have also discovered the charm of our city in greater numbers than ever before. The locating of numerous new foreign investments in Krakow, focusing on its human capital: young, well educated graduates from its universities has also had an impact. This has resulted in a considerable demand for modern office space along with interest in the residential market. The dramatic increase in the number of tourists visiting the city is also of great significance, which translates into a rise in hotel investments and more land transactions. The trends outlined in this report should continue into the near future and it is anticipated that Krakow will strengthen its image as a city of business and services, and as a strong, European economic centre.
We hope that the report "Krakow Real Estate Market" ("Krakowski Rynek Nieruchomości"), created in cooperation with the Krakow Residential Service dominium.pl (Krakowski Serwis Mieszkaniowy), the mrn.pl Institute of Analysis, The Real Estate Market Monitor (Instytut Analiz Monitor Rynku Nieruchomości) portal, and the Knight Frank company, will familiarize you with key information determining the real estate market in Krakow and help you in making future investment decisions.
Economic center of the region
Krakow is currently inhabited by approximately 760 thousand permanent residents, but every year it is also becomes a home to several thousand or more people that live here temporarily, mainly students. Krakow is the second largest city in Poland. It is not only an administrative center of the Małopolskie Voivodship, but also an intra-regional scientific and economic centre - a valuable partner for its investors. The city is the corporate seat of international banks, associations supporting business activities and chambers of commerce (among others the British-Polish Chamber of Commerce, the American Chamber of Commerce, the Krakow Merchant Congregation.) Its position is confirmed by its high credit credibility ratings.
The economic significance of Krakow is reinforced by the demographic potential of the region - approximately 8 million people live within a 100 km radius of the city.
Other apartments, Hotels, Land available to buy
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| Furnished: |
No |
Dishwasher: |
No |
Alarm System: |
No |
| Washing Machine: |
No |
Hotwater: |
No |
Office Room: |
No |
| Linnen Supplied: |
No |
Pet Friendly: |
No |
Tennis Court: |
No |
| Balcony: |
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Gym/Sauna: |
No |
Terrace: |
No |
| Telephone: |
No |
Garage: |
No |
CableTV/Sat: |
No |
| Ocean View: |
No |
Lake View: |
No |
Mountain View: |
No |
| Ocean Front: |
No |
Lake Front: |
No |
Cellars: |
No |
| Swimming Pool: |
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Garden: |
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Parking: |
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