Current price of Homes in Poland

djf:

Yesterday, Channel 4 had a interesting episode of "A place in the sun: home or away" with a woman wanting to move to Krakow but her sister wanting her to stay in London. Comparing prices and quality of property there was not a contest to which city won. She could get a tiny 1 bedroom flat in an ok London area or a impressive 3 bedroom flat + large bathroom + garden + maintenance team for half the price in Krakow. She moved to Krakow.

scorpioThreads: 26 Posts: 196 Joined: Nov 15, 07	Jul 14, 08, 08:14 / #
Wroclaw: Maybe a little illegal I've been to the gmina and powiat administrative offices. They stated there is nothing illegal about burning my own firewood in a wood stove as long as my forest isn't in a protected area such as a park. I even sell firewood to those who need it.

WroclawThreads: 77 Posts: 7,404 Joined: Apr 1, 06 [Moderator]	Jul 14, 08, 08:30 / #
scorpio: They stated there is nothing illegal about burning my own firewood Sorry, I thought you meant adjoining forest. Our place is in a national park. That's what gave me the doubts.

vanburen3	Jul 22, 08, 16:27 / #
Property Prices are still rising especially if you have a house!!! however i had to marry pole to have a house as there seems to be a law to state that a forigner cannot buy a house with land in Poland strange but true. I do know that if you have money now is a better time to buy apartments the exchange rate can only go up again rather than down, i know people whom bought last year when we were getting 6 to the pound and they were buying properties o e cmpleted in 3 years, now there payments are twice what they should have been looking from the pound view point!!

Lir	Mar 26, 09, 18:54 / #
djf: Yesterday, Channel 4 had a interesting episode of "A place in the sun: home or away" with a woman wanting to move to Krakow but her sister wanting her to stay in London. Comparing prices and quality of property there was not a contest to which city won. She could get a tiny 1 bedroom flat in an ok London area or a impressive 3 bedroom flat + large bathroom + garden + maintenance team for half the price in Krakow. She moved to Krakow. This programme was screened again this afternoon. I just happened to see the last half hour of it. I wonder how the prices have changed since 2006 considering they went an awful lot higher and now probably <?? > they may have gone lower ? Would be interesting to know if anyone has some local information ?

Guest	Mar 26, 09, 23:43 / #
visit ww.mamdom.com see what they are saying. Or ww.Oferty.net If you check out what is for sale that will give you an indicator. I've seen flats from £24,000 advertised in the Tri-city area, thats about 118,000zl. New build etc.... I think the luxury market is dead, but there is a shortage of affordable homes for the majority of Polsh people.

ozdanThreads: 11 Posts: 70 Joined: Jan 18, 08	Mar 30, 09, 02:00 / #
taken from the mamdom site "Poland has the 2nd most attractive real estate market in Central-Eastern Europe and the 9th in the world, according to the Real Estate Opportunity Index 2008" I think companies like this are probably what you would want to steer away from for advice. The info on their website appears to be out of date and more importantly it was probably distorted in the first place.

jolandThreads: 4 Posts: 91 Joined: Mar 30, 09	Mar 30, 09, 11:39 / #
in all eastern europe and especially in poland, the prices of realestate are going down with a speed of around minus 3-5% depreciation per month i wonder if they will hit the bottom in 2010 or in 2011?

scorpioThreads: 26 Posts: 196 Joined: Nov 15, 07	Mar 30, 09, 15:53 / #
joland: ...the prices of realestate are going down with a speed of around minus 3-5% depreciation per month. This is too general and inaccurate. You must be more specific as to what category of real estate in Poland is losing value. You probably mean 'flats'. Private houses on a decent parcel of land are not going down in value.

Guest	Apr 2, 09, 21:51 / #
If you aim for smaller towns around major cities you can still buy inexpensive new build flats. I have a friend who moved to Wejherowo, 35 minutes from Gdynia (Tri-city). They brought a 30sqm flat 4 years ago for £14,000 !!!!!!! Currently the same flats are going for £24,000. Although the market is slow at the momment, Poland doesn't have a subprime issue, and it does have Euro 2012 soon, EU structural funds being pumped in until 2013 and generally is in a better shape relatively than many other European countries. A £24,000 investment now, especially with a weak zloty would be a smart move. When Poland gets the Euro the prices will jump again. So there are still propertybargains out there. All is not lost... As for Mamdom spouting rubbish, well I disagree i've double check their data and sources and they seem kosher...

bolekThreads: 10 Posts: 369 Joined: Sep 13, 08	Apr 3, 09, 04:13 / #
Guest: So there are still propertybargains out there. All is not lost... True, especially when the zlote is loosing its value. keep in mind the average wage in poland is just over 3000zl and it is much harder to get credit.

pielegniarkaThreads: 1 Posts: 6 Joined: Apr 19, 09	Apr 29, 09, 04:03 / #
Hi, can anyone tell me dollar to dollar; polish to american?

magdalenaGThreads: 7 Posts: 89 Joined: Apr 10, 09	Apr 29, 09, 10:15 / #
USDPLN is 3.38