Real Estate /
Is this a bad time to buy an apartment in Poland? [142]
This is exactly what I was thinking, all this sh1te talk about everything and nothing to do with the actual question..
I would have thought that the question from the original poster was very ambiguous and open to several types of answers/questions. He stated he was looking for flats at the top end of the market, requested prices from people here but made no mention if the flat was to be finished or left to developers standard. The cost equasion then becomes a "how long is a piece of string".
Other posters pointed out to him that prices can vary considerably, depending, on the type of finishes you require and the limit of your budget. How the subject got on to 100 000 euro bathrooms, I'm not quite sure but the quality of the build and finishes will always affect the price.
You have been told countless times by people who are experienced in dealing with property in Poland that there has been a correction to the huge price rises from 2005-2007, albeit, not as large a reduction as you would like. You want someone, anyone, to agree with you that prices are going to fall back to the levels of 2000-2002. This is not going to happen but I am very sure that in one or two weeks time you will repost the same question hoping that Polsky, Claritus or one of the others will be back to agree with you.
What follows is a recent artical in the Warsaw Business Journal:-
Invest Plan's lake project
13th September 2010
Developer Invest Plan Group has launched sales of homes in the first phase of its Wille nad Zalewem scheme - a project located in Białobrzegi on Zegrzyńskie Lake near Warsaw, a popular holiday destination for the capital's inhabitants.
The investment will be developed in two stages, delivering a total of 39 houses. Construction on the first stage, comprising 18 villas and a commercial building, started in June and is expected to finish in Q3 2011. The average price of houses in Wille nad Zalewem amounts to zł.1.5 million.
Now this may be what the original poster had in mind, but, with the best will in the world, apartments and houses are not going to go down to the 1500 PLNm2 that you seem to require.
What is my experience with property here in Poland?.......I have actually bought land, planned/designed, built and sold apartments from the ground up to the finishes. I think that qualifies me, along with over 30 years in the Federation of Master Builders and having given NHBC 10 years guarantees on apartments and houses I built in the UK.
I await with anticipation, the next load of crap you come out with.
Piotr123
Hello,
I would like to buy an apartment in Poland and I'm wondering if the real estate prices are expected to slide? I'm particularly interested in centrally located high-end apartments in Krakow.
Two links to articals that may help you decide if the price of high end apartments are going to slide/crash. Whilst they refer to the market in Warsaw, Krakow is not that far behind.
wbj.pl/realestatenews-51073-healthy-numbers.html
wbj.pl/article-50815-a-luxury-tax.html