Poland was the only country in the European Union not to go into recession, when all the other countries did in 2009. It represents a safe haven economy, which is politically stable and has a buoyant property market. It is not your traditional second holiday home destination, but makes a great choice for an investment property in one of the main city centres. Krakow is very popular as a city centre break, given all its historic connections and proximity to Auschwitz, as well as its Universities which attract students from around the world.
Property prices have appreciated in stronger European countries like Poland, whose positive economic growth bodes well for property markets.
A city that was the capital of Poland for centuries. In 1992 it bore the title of "European City of Culture”. The heart of the city is the Stare Miasto, the Old Town and its Jewish quarter which is very centrally located, called the Kazimierz district. It is famous for its royal residence, Wawel Castle and is one of 12 places listed by UNESCO as a World Cultural Heritage site.
With its compact central area, superb historic facades and delightful surrounding countryside, Krakow, nestling in the Vistula valley which runs between the Krakowsko-Czestochowska Jura or Upland and the foothills of the Carpathian mountains, ranks as a unique monument and is one of the most attractive of Poland's cities. Krakow is also 70km east of the infamous Auschwitz-Birkenhau, the former Nazi concentration camp.
It is a large university city and a favourite weekend break destination, with easy access from numerous airports and airlines that fly here, as well as onto the largest of Poland's ski resorts, Zakopane.
With low-cost flights to Krakow's international airport, house prices have risen because of investment by Irish, British and German investors. Krakow is seeing the next wave of growth following Warsaw.
These modern, new, residential apartments are near Cracow Błonia park and Jordana park. Remarkable architecture and high standard of finish are unquestionable advantages of this investment.
This 1st floor apartment consists of a living room with kitchenette, 2 bedrooms a bathroom, toilet, wardrobe and a terrace with an area of 19.87 m2.
The apartment benefits from individual gas heating (De-Dietrich), and air conditioning. There is a modern electronic system, for managing and adjusting the alarm system, or kitchen appliances remotely via a mobile phone.
The apartments are newly built. There are 2 parking spaces in the underground garage for each apartment and cost 50,000 pln each.
As with the Polish build norm, apartments are finished to builder standard and the buyer chooses the kitchen and bathroom specification, which can all be managed for you, but is an additional cost.
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