I know it is common for garage spaces to be sold in countries such as India, but I have never heard of it being done in Europe before. Is it possible to receive a passive income from the garage space? In India the property management company can rent out the garage space.
Yes you can rent it out, but remember the first day you become a buyer,you become a seller and the person that buys from you in the future will want a garage space.
I find it hard to believe that the demand for garage space in Krakow is so high. In Stockholm it is usually not a problem to find a parking space in the city centre during peak hours. Now Tokyo, that is a different story! You cannot even own a car there without first having your own parking space.
Krakow is not Stockholm or Tokyo, it is Krakow. Why a garage space- car theft- extreme weather in the winter, do you really want to get up and leave to go to the office and have to dig half a meter of snow from your car. The list goes on but it is so obvious why you would want to buy a garage space.
I'm looking to buy an apartment in a building of the same standard as the Garden Residence. The other projects you linked to seem interesting also. I will visit Krakow next week to try to see a selection of apartments. Do you have any other suggestions? It is important though that the apartment is centrally located.
Piotr123, we are not real estate agents, you are going to find out in Poland that knowledge has a very high price in the country. We have given you a good leg up, now it is time for you to pick up the phone and do some research buddy.