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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.
Price: 3,000,000 PLN
negotiable
freehold
Kraków
- Price:
- 3,000,000 PLN
- 899,011 EUR
- Price/m2:
- 3,027 PLN
- 907 EUR
- Region:
- Podgorze
- Street:
- Traugutta
- distance to the center:
- 2 km
- Size:
- 991 m2
- no bedrooms:
- studio
- no bathrooms:
- 0
- ownership type:
- freehold
- no level:
- n/a
- ref. no of apartment:
- 1232600123
TRAUGUTTA 20 DEVELOPMENT PROJECT
PROPERTY DETAILS SUMMARY
Address: Ul Traugutta 20, Krakow, Poland
Status: Empty building/development plot with current building Permit.
Location: Quiet Residential street approx 2km South East of the main market square
Sales Price: 3,000,000 Pln to Negotiation for quick sale.
Development size PUM: 991 m2
Composition: 17 residential apartments, 1 commercial space, 12 parking spaces (using park lifts)
Plot size: 651 m2
Date of Construction Permission: 24.09.07
Estimated build cost: 4m pln (approx 4036 pln/m2)
Tenants: None – the property is Vacant
This is a unique opportunity to purchase a vacant tenement building with a ready to go development project. The project has valid construction permission and all marketing materials and website have been prepared in English and Polish.
The website address for the Project is www.traugutta20.com. Please review the website and the marketing booklets for more information about the project.
Traugutta 20 is currently in a poor state of repair, however, the building will need to be demolished to complete the development project.
The development consists of a new building consisting of 17 residential apartments ranging from 34m2 to 84 m2 (Studios to 3 bedrooms), a single commercial space and 12 secure parking spaces in the rear of the building. The existing property will be extended at the rear of the building along the wall of the neighbouring plot in order to increase the usable space. See plans and visualisations supplied on website and marketing booklet.
All due diligence documentation will be provided on request.
