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News

Krakow Residential Market Update - March 2012
28-03-2012 Hamilton May experienced a busier winter in terms of market activity, both rentals and sales, than in recent years.
Hamilton May featured in the Sunday Times newspaper in the UK
17-02-2012 Here is the full article written by Zoe Dare Hall, the abridged version of which appeared in the Sunday Times newspaper in the UK last Sunday, 12th February.
http%3A%2F%2Fwww.property-krakow.com%2Fforms%2Fsales

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Krakow lofts. Loft apartments for sale in the Mlyn development, Zablocie
Krakow loft apartments for sale in Mlyn lofts, Zablocie. This project is the first of its kind in Krakow, the conversion of a former industrial building – in this case a historic flour mill – into contemporary residential units, while still retaining many original features such as exposed brickwork and wooden beams.

The mill is located in the historically significant part of Krakow known as Zablocie, on the banks of the Wisła River and just across from the Jewish district of Kazimierz. This industrial area, which also houses the Oscar Schindler factory (and soon to be museum) is beginning to rapidly gentrify, with new life being breathed into the area by developments such as this, several new office buildings and the large “Garden Residence” residential project.

The main part of the Krakow lofts development, which is the former mill building itself, is now complete (as at second quarter 2010) and houses a total of 57 spacious loft-style apartments, ranging in size from smaller 45m2 units (studio or one bedroom) to many larger apartments well over 100m2, and several stunning top floor penthouses with views of Wawel Castle, the Jewish district, the old town and the river.

There is a choice of finish – either developer’s standard apartments which can be individually finished to the buyer’s taste and standard, and fully fitted ‘turn-key’ apartments with a very high quality finish.
Prices for lofts in developer’s standard begin at 10672 PLN per m2 net (+ 7% VAT), and for ‘turn-key’ apartments the prices start at 11872 PLN per m2 net.

In addition to the historic mill building, the developer of this project is also constructing a new seven storey building on the same site. This building will include underground parking and is due for completion at the end of 2010.

In the main mill building, there are also six ground floor commercial spaces, ranging in size from 114m2 to more than 300m2 in size. The commercial units are available for purchase or rental, with handover possible in early 2010 on most of the units. Commercial spaces are priced at 9000-1000 PLN per m2 net.

Contact Hamilton May Real Estate for more information and to arrange a viewing. There is no commission to pay Hamilton May Real Estate on this development.