Real Estate / Wroclaw real estate prices and agencies [17]

I'm visited Wroclaw last week and went to approx 10 developers last week to look at stricly new builds and came accross some nice developerments fairly close to the city but at more realistics prices.

I'm not sure if I will purchase myself as prices for new builds have almonst doubled in a year and I ain't that rich!! If you want anymore info please contact me.

Real Estate / Buying new buildings in Poland and price I was given [42]


Interesting post Most.........

Some developers have told me that prices per sqm2 have doubled in a year which makes me nervous. AS you say the value is gone.

I'm not sure what is driving up the price.

1. Developers say materials - probably as you say because of lack of supply
2. labour costs/ wages - have they doubled for Polish workers in the last year - I doubt it!!
3. Speculation - will always drive up prices in any market place especially with foreign investors who are none the wiser
4. Greed from developers - is this a possibility? Being fed of course by the demand from investors.

Could there be a small downturn in the short term? Surely. The price inflation does not make sense. What is the average monthly wage in Polands cities? Maybe 6/700 euro? I'm guessing.

If materials supply increase and the speculation decreases will there be than a levelling of prices.

Real Estate / Managing Buy-to-Let Properties in Poland [27]

Good idea or we could just exchange information on the best and most relaible people we have come across in the different stages of the process.....

Real Estate / Managing Buy-to-Let Properties in Poland [27]


Hi Irish Wroclaw,

can you recommend an English speaking notary that you used while buying your place in Wroclaw?

Thanks

Real Estate / Buying new buildings in Poland and price I was given [42]

Great thanks for your help Sin 8

Real Estate / Buying new buildings in Poland and price I was given [42]

Cheers - it will be very loud for the match anyway!!

Real Estate / Buying new buildings in Poland and price I was given [42]

No probs - I'm sure I'll find a Irish bar without too much problem!!

Real Estate / Buying new buildings in Poland and price I was given [42]

Thanks!

As I'm a Liverpool fan perhaps you can recommend a pub in Wroclaw to watch the champions league final?!!

Real Estate / Buying new buildings in Poland and price I was given [42]

Thanks - didn't realise it was as much work on a new build - But just to confirm. Does it mean you have to wire the place yourself? I have looked at other threads but wasn't sure.....

Real Estate / Buying new buildings in Poland and price I was given [42]

Yes cheers Wroclaw

I was aware of that already. I would need to supply kitchens, flooring etc.
I assume the gas or electric is already there? How about the bathroom?

Do you know the area Kamenica that Sin8 talks about? Whats it like?

I will be over in a week but I wan to have abit of a plan before I go over. Ideally to check out new properties and some second hand ones. Although i will need a good estate agent to check those properties out and make sure I'd pay a fair price

Real Estate / Buying new buildings in Poland and price I was given [42]


Hi Sin8,

thanks for your advice on real estate in Wroclaw. I was looking at new builds as I just thought they are less hassle than buying second hand. Especially as I do not speak Polish. Do you agree?

I have a few further questions if you don't mind:
Can you recommend an English speaking Notary? I'd rather use one not recommended by an Estate agent or developer.....

If I was looking at a 2nd hand properties do you know a good english speaking estate agent?

thanks one again!!

Real Estate / Buying new buildings in Poland and price I was given [42]

Ok Wroclaw - thanks for your help


Cheers. I will be probably be over there in a few weeks so I will do more research before then!

Real Estate / Buying new buildings in Poland and price I was given [42]

Hi BubbaWoo,

basically the cost for a 49.80 m apartment is 396,345
Per square metre this costs: 7958.75

Sound like a dcent price?!

UK, Ireland / How expensive is living in UK/London for one person? [23]

I lived in London before for two years and it doesn't have to be as expensive as you think.

You can probably rent a small room in a house share for around 300 / 350 a month if you shop around. Also in a house share you will meet other people.

Shop at places like Aldi etc which are as always good and cheap.
Don't use the tube just buy a weeky or monthly bus ticket which is a lot cheaper.

Real Estate / Buying new buildings in Poland and price I was given [42]

Thanks for the reply- so you think that price is actually fair?

You save a few thousand ZL for paying all in 1 part although from the risk point of view it os maybe not the best thing to do!!

The development is on Spiżowa street which I believe is only a couple of Kiloemters from Rynek? Do you know this place

Law / American beer business opportunities in Poland [84]

I drink Bud but I do think that it would struggle to gain any sort of foothold in Poland!!