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News

PKG Real Estate – Spring Update – March 2010
02-03-2010 We are now approaching the end of a cold and snowy winter, even by Krakow standards. Unsurprisingly, both the rental and sales market have been quiet during the winter, though we can already see rising levels of interest in the market as spring approaches.

PKG Real Estate Christmas 2009 update
11-12-2009 In the last quarter of 2009, we have seen increasingly positive signs in the sales market in Krakow, with the level of transactions increasing and some high value sales concluded in central Krakow.

Price: 500,466 PLN

freehold


Kraków

1-bedroom loft apartment in fully renovated classic building
Price:
500,466 PLN
 
128,088 EUR
Price/m2:
10,514 PLN
 
2,691 EUR
Region:
Stare Miasto/ Old Town
Street:
Siemiradzkiego
distance to the center:
0.7 km
Size:
47.6 m2
no bedrooms:
1
no bathrooms:
1
ownership type:
freehold
no level:
level4
ref. no of apartment:
414
last updated:
09/07/2008
1-bedroom loft apartment in fully renovated classic building

1-bedroom loft apartment in fully renovated classic building
**Prices reduced on this investment**



PKG Real Estate is pleased to present an opportunity to purchase off-plan in Krakow's old town in this desirable renovation project of only 31 units - only a handful of the units are remaining and all building works are now complete.

The building dates from 1911 and is located in a quiet, yet central location in the desirable West of the city. The Main Market Square is less than 10 minutes away on foot, tram and bus stations are 3 minutes away.
The building underwent an extensive renovation during 2007/8. Each unit is unique in character, yet efficiently laid out to optimize the usable space of each apartment and its rental potential.

The featured apartment is located in the top floor of the building (4th floor), a newly converted loft with attractive dormer windows in the street facing apartments, bringing in lots of light.

The apartment measures 47.60 m2 of usable space, and is charged on this basis per m2. The actual floor area of the apartment is more than 60m2, but usable space is calculated based on the ceiling height due to the sloping roof.
The apartment comprises an entrance hall (5.3 m2), a bathroom (4.2 m2), a separate toilet (4.1 m2), a bedroom (8,6 m2 usable) and a big living room with a kitchenette (27,4m2 usable area with three large dormer style windows).

The total gross price (including 7% VAT) for the apartment and basement storage space (4.76m2) is 500 466 PLN. This works out at 10 300 PLN per m2 for the usable apartment space plus the basement space.