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Warsaw studio apartment for 146K?


Polonius3 1,000 | 12,446
10 Jun 2013 #1
ekonomia.rp.pl/artykul/705487,1017919-Rosnie-pula-tani ch-mieszkan-od-dewelopera.html

Rzepa reports that a studio apartment in Warsaw can now be had for 146,000 zł. How does that compare with other European capitals?
Monitor 14 | 1,820
10 Jun 2013 #2
Naturally it's one of the cheapest capitals in Europe, because there is strong correlation between GDP per capita and apartment prices (with exceptions like Beijing).

globalpropertyguide.com/investment-analysis/London-and-Monaco-are-Europes-most-expensive-cities-for-residential-property-buyers

- it's seriously outdated (pre crisis prices), but it can give you a little bit idea about ranges of prices.
johnb121 4 | 184
10 Jun 2013 #3
In the area of London we moved from last year - not by any means a "good" area - a studio apartment was sellimg for £100,000 up. In better parts of London - x2w or more
newpip - | 140
10 Jun 2013 #4
26 m2? why would you even want to. It is not like NYC or London or Paris where there is infrastructure. Warsaw infrastructure is basic at best and unreliable. It is getting better slowly, but it still is a clusterf*ck.
Monitor 14 | 1,820
13 Jun 2013 #5
@newpip: People don't buy small apartments because the city has great infrastructure :) People buy them, because cannot afford bigger at the moment and as an investment.


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