property in Lodz - anyone any experience

does anyone have information regarding reclaiming property that was nationalised.

Hi Isn77,

If you are looking to claim back property it is VITAL you use a good Lawyer who has some experience in this field. Try not to agree terms in advance but see if he can really help you and perhaps suggest he gets a profit dependant on the result you achieve.

Thanks Michael C

Would you be aware of anyone who might be able to assist?

Yeah I agree with most-the bridge ;-)

Those prices at 5000zl/m2 are too high , specially most of of Lodz was owned by Jews so there may be problems later , with the land laws and stuff.

and there is also one more thing buying off the plan is risky , what if the building firm
goes bust. rising material prices and labour costs. doesn't look good

If you want to invest invest with a second hand property at least you buying something not a lot of prmissess

Hi
I have now puchased over 50 properties in Lodz over 12 properties from the auction which are all rented now and the res is off plan.I am still investing ther but I look for 10/90 deals

Hi
If anyone needs any help even with 90% mortgage for non polish and 100% for polish national. Refubishing your flats ( you get a shell on completion in Poland) or even other areas near seaside (its where we invest now)let me know.Lodz is growing fast and the price has doubled up.morgage can be upto 2ml polish zloty provided you have the income to back it up

Interesting. Could you provide more informations ?

My email address is nil@eurodomltd.com

I just learned that we can get you 100% mortgage for non Polish nationals as well.

With 10/90 deals around this,it is a fantastic offer.

I believe it is probably UNIQUE.

Where your properties are located ?

I've been to LODZ myself and my partner lives there with our son, beautiful city, and it has not been ransacked by foreigners -YET! ;-). I want to buy a 2+ bedroom I'm curious about the offplan buying- Kneehawk yo might have some good advice ont his to offer.

Having seen the many property websites and yet visitng the sites each quarter in LODZ NOTHING has started? that's alot of interest in the developers bank account.

Anyway I'm buying in LODZ but I will research first I won property in London which would be my capital.

Captbdel

email captbdel_AT_nildram.co.uk

Hi - I am from Reading, England and have bought 5 apartments ( see my previous post here).

There are two really interesting developments in Lodz, they are not the cheapest but I personally think when they area finished they will be really nice. I am a property developer in the UK and I look only at nice quality projects. There are several phases at Uscheiblera, the first phase is sold out and the next, although some re-sales are available (people selling and taking an early profit). If you are in Lodz take a look at Manufactura (sorry spelling may be wrong) - this is an old Textile factory renovated into shops - at Uscheiblera they are doing the same but this time they will be apartments (lofty) not shops. Having said that they will be building restaurants, and shops, and sports and fitness centers around the apartments. I spent a long time looking in Lodz - I may be wrong but long term I think this will be one of the best newly developed areas in Lodz.

uscheiblera.pl/en/index.asp - this is 1st phase
uscheiblera2.com - this is second phase

I'm looking myself and I've found a place a new developement.

Yes I've seen that website and been to LODZ many times I'm looking to buy and live in LODZ. I work in London as a IT consultant and looking into possible business opportunities in Poland.

those are really nice apartments ... :) shame i cant currently afford one though :(

but wow on size and keeping the exterior the movie was interesting to watch as well

can anyone tell me a price of a 1 bedroom apartment in lodz in £s or euros?

I see a lot of potential in Poland and I too are looking for Business opportunities in Lodz - if you have any ideas I may be interested. I even looked at making an offer on the lap dancing club in Lodz which is up for sale, he, he.

you do not want to pay more than about £38,000 for a one room flat in a new build off plan development with stage payments or a bit extra if there is an opportunity for a 10/90 or 20/80 deal.Stick to the area around Tymienieckiego especially with the Textorial Park development imminent just around the corner at Ksiezy Mlyn that will be providing about 1200 jobs in what will be the most exclusive office development in Lodz

it does not have to be a new 1

Hi grzegor

email me and I will give you thee details of wheremy properties are
They are all in LODZ
I have rented 12 so far rent ranging 1000 to 1400 zloty

nilruparelia@hotmail

we use a solicitor in warsaw
we get 100% mortgages
we have a team to furnish the property
we can help in renting process as well
we can help with the process of purchase

at a one off charge we can help you finalise

grzegor

eurodomltd.com

try the site

Nil, I would be interested to know which bank is providing 100% LTV mortgages for foreign nationals (non-resident) in Poland, and how much is their margin above the inter-bank rate? Thanks

I am interested in what this development is. Could you give me some more information.

Nothing wrong with Lodz - going to be connected to Warsaw by motorway soon and attracting business like there is no tomorrow. I am not convinced by the lofts. According to Oferty.net the average price for residential property in the city is 4,811 PLN and these lofts are a long way above that. Can't see much capital gain in them at the moment as they are still ahead of their time.

textorial-park.pl

Thanks very much - very interesting

My advice is to stay out of it. Property speculation distorts the market and ruins local communities.

Sorry don't agree. I was actually interested in what was happening with the new offices in that area, and the 1200 or so jobs it is expected to bring. I have already invested in apartments. I'm not going to argue with people about weather or not it is a good investment, I have put my money where my mouth is and I am happy with that. However, the area is run down, the old textile buildings are empty, the area looks really crap, it's hard to see how rejuvenating the area will hurt the locals. Breeding new life to a run down area with new offices, restaurants, sport facilities, shops, park areas and of course work must be good. I accept that in the immediate area newly built property may be too expensive for many people but this is progress and every city in every country that has experienced progress has gone through this transition. Investment and development on balance will be a good thing.

andy

email me for more details

neil

I totally agree with you
I have invested in 52 properties on lodz

I rented 12 properties in 23 days without any problems
we are awaiting 40 off the plan properties handover then fix it as you know you get the newbuilds as a shell.

Take a look at MANUFACTURA SHOPPING CENTRE (AWARD WINNING)
its an amaizing development and belongs to 21st century,if its a dump then why spend that kind of money
check my website .eurodomltd.com

I may contact you in the new year regarding mortgages for property in Lodz.

Of course it's a wonderful thing when everyone has money and the economy's thriving but Poland simply isn't ready for get rich quick property speculation schemes from Western carpetbaggers. There is already a huge disparity between the lower and higher earners in Lodz, far more so than most other parts of Poland (and Eastern Europe in general) and distorting the property market will only serve to increase commercial pressures on low earning blue collar workers,

I've bought property in Lodz but I'm living here and I'm hoping to keep the property until well into my retirement rather than flogging it off in 5 years' time. I sure as Hell don't want the other flats in my area bought up and filled with foreign workers who contribute nothing other than (some) money to the local community.

Look at what property speculation has done to the UK market. Property is so overpriced now that the main groups investing buy to let are French and Russian entrepreneurs. I can't wait until the market crashes in the UK. A really big one. I'll be laughing my head off when it happens.

bubbles were not all out to make a profit.....my gf is from lodz and i would like to buy an apartment there.

Read the post Deano - I'm complaining about short term property speculation. I've got nothing against people buying a flat to live in (with their other half) and perhaps sell sometime in the future when they move. Good luck to them.