SeanBM
10 Feb 2011
Real Estate / Buying a flat in Krakow; prices are still falling? [200]
People upgrade, that's the whole idea of a property ladder.
Also with the vastly improving infrastructure (thanks to the E.U. funding), it is cheaper and more convenient for a young family to live in a house, out of the centre of the city, with a garden, only a short drive along a new motorway in to the city (if that is where they work).
A highish end, newly built, one bed flat in the centre of Krakow (50 m2) costs about 500,000 PLN, you can easily get a large (4 bed) highish end, newly built house along one of the motorways for the same price.
* I put "highish end" in bold for you Milky ;)
but why is it that EVERYONE we know (ex-DINKYs who had kids in the last 2-3 years) is looking to upgrade from kawalerki to a house in the suburbs?
People upgrade, that's the whole idea of a property ladder.
Also with the vastly improving infrastructure (thanks to the E.U. funding), it is cheaper and more convenient for a young family to live in a house, out of the centre of the city, with a garden, only a short drive along a new motorway in to the city (if that is where they work).
A highish end, newly built, one bed flat in the centre of Krakow (50 m2) costs about 500,000 PLN, you can easily get a large (4 bed) highish end, newly built house along one of the motorways for the same price.
* I put "highish end" in bold for you Milky ;)