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Polish Economy Snapshot November 2008
28-11-2008Poland looks to be weathering the world economic crisis better than many emerging economies, with GDP growth expected to be in the range of 2.5-3.5% in 2009, less than in recent years, but still well into Positive territory.
Krakow is 2nd favourite overseas city in newspaper poll
21-10-2008Readers of the Guardian newspaper in Britain have voted Krakow their 2nd favourite overseas city in an annual survey. More than 17000 readers completed the questionnaire for the newspaper.
2 properties has been found
Price: 590,000 PLN
negotiable
freehold
Kraków
- Price:
- 590,000 PLN
- 176,806 EUR
- Region:
- Stare miasto
- Street:
- Warszawska
- distance:
- 1 km
- Size:
- 48.1 m2
- bedrooms:
- 1
One bedroom apartment in a luxurious building complex Angel City
Angel City is a new luxurious building complex located in the centre of Krakow in the neighbourhood of the biggest shopping centre Galeria Krakowska, the Railway Station, just few minutes walk from the Main Market Square.
We offer a one bedroom apartment measuring 48.10m2 which...
Price: 675,000 PLN
freehold
Kraków
- Price:
- 675,000 PLN
- 202,277 EUR
- Region:
- Old town
- Street:
- Warszawska
- distance:
- 0.6 km
- Size:
- 50.59 m2
- bedrooms:
- 1
1 bedroom apartment in prestigious Angel City building
Angel City is a new luxurious building complex located in the centre of Krakow in the neighbourhood of the biggest shopping centre Galeria Krakowska, the Railway Station, just few minutes walk from the Main Market Square.
We offer a one bedroom apartment located on the second floor,...
• Under construction for completion in the last quarter of 2008 / first quarter of 2009.
• A total of 400 apartments, ranging from studios to one-bedroom and two bedroom layouts.
• Underground parking, 24 hour security and concierge.
• Five separate buildings up to six storeys high with a brick façade.
• Apartments for Sale through PKG real estate sales office.
• Future apartments for rent through PKG real estate letting agency.
The location of the development is both a positive and a negative. Whilst in the heart of the regenerated “New City” area of Krakow and close to the Galeria Krakowska shopping centre, Politechnika University and of course the old town, it is also next to several busy new roads and also opposite the main train station of Krakow (Dworzec Główny) and its many tracks which enter from the NW of the city. c It could have been argued that the site would have been better suited to a hotel rather than a residential development. However, it has appealed to the investor market, and should command good rents for markets such as young professionals, foreign students and expat workers in Kraków.
In Angel City, the desirability of an apartment will be very much dependent on its location within the development. Apartments on higher floors facing the internal courtyard will be most desirable, those on lower floors and facing the road and intersections will be least desirable. Whilst the development was essentially sold-out before construction began, the developer does have a handful of apartments still remaining for sale.
For investors who have purchased off-plan in Angel City, we can recommend local companies who can complete high standard interior finishing works at significantly cheaper prices than those offered by the developer. We also offer management services and have built a strong reputation on the local market