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I have land in Lublin, but don't know what to do with it...



sara123   Jul 22, 07, 16:27 /  #
I do have a piece of land in Lublin ( City limits) and I don`t know what to do with it... I was thinking that maybe apartments will be a good choice! Can somebody tell me if it will be a good business?
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Quoting: sara123
I do have a piece of land in Lublin


How did you get that ?
slwkkThreads: 3
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Joined: Mar 31, 07 		  Jul 22, 07, 17:19 /  #
Quoting: sara123
Can somebody tell me if it will be a good business?


I'm not sure... people rather leave Lublin and go to cities like Warsaw, Cracov or just abroad... also keep in mind that this area is one of the poorest in Poland.
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Quoting: slwkk
also keep in mind that this area is one of the poorest in Poland.


Lublin voivodship yes but Lublin city is not so bad.
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Quoting: Grzegorz_
Lublin voivodship yes but Lublin city is not so bad.


Maybe, I'm not sure. Good salary in Lublin is approximately 3000 PLN, it's just sad... but I have to add that some people like to live here.
sara123   Jul 23, 07, 07:48 /  #
My husband got that land time ago, we live in the US, but he wants to come back to his country and start a business there. We trying to decided if construction will be one of them. But if people make that low, how do they pay rent and live. How much cost an apartment there?
What will be a good business or investment there, is lublin growing?
ukpolskaThreads: 51
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Joined: Oct 23, 06 Gold Member MEMBER 		  Jul 23, 07, 08:14 /  #
Quoting: sara123
How much cost an apartment there?
What will be a good business or investment there, is lublin growing?

I used to live in Lublin but now I have moved to Pulawy, still quite close and the market price for one square meter is about 4000-4500 zl and growing. There is talk of an airport being built quite close, when it does the prices will start to go up even more. New housing always seems to get snapped up, so there is a market there it seems. My English friend has just briught a flat there and was on a waiting list for 2 years, but I must admit he was waiting for an exclusive flat. If you want any help, I have a friend who is a property valuer and she might be able to help you.
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Quoting: ukpolska
There is talk of an airport being built quite close,


They're talking about that at least for 5 years or even more... :) We will see, I wish Lublin all the best of course and I hope that things will get better here soon.
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Quoting: sara123
But if people make that low, how do they pay rent and live.


Most of people take credits for 15-25 years to buy a flat and costs of living aren't so high here...
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Lublin is maybe not very impressive compared to some large cities like Warsaw, Kraków or Wroc³aw but It's better than average, so don't worry.

Quoting: sara123
maybe apartments will be a good choice


Could be but the most important is to check the status of that land - If construction is allowed there or only for farming.
sara123   Jul 23, 07, 11:43 /  #
Thank you for the information, sounds like it might not be a good idea ( construction), however I will try to check the status of the land. (I might need your friends help)
The question again is what will be a good investment to do in Poland? (Regardless of the city)
Somebody have any idea? My husband owns a janitorial in the US, will be that a good business there?
sara123   Jul 23, 07, 11:49 /  #
UKPOLSKA,
May I asked you, how much did your friend pay for his flat?
How big is his flat, Bedrooms- bathrooms- etc.?
Are the apartments the same as in States?
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Quoting: sara123
sounds like it might not be a good idea ( construction),


Not really. Now there's boom in construction, which should go on for next few years at least.
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