price of lodz per sqm

hi
im thinking about investing in lodz, just wondering how much i shouldbe paying a sqm and what the growth should be,

hi

Could you tell us which location, the size of the apartment, whether it is off plan or secondary market?

as a general rule of thumb, expect the prices in Lodz to grow to similar prices as in the Tri City area. Unlikely that they will get as high as Warsaw or Krakow

Hi
I live in Ranbien 5 mins from Lodz and paid 590,000 pln for my 200 sqm house 1 year ago with twin garage and a very small bit of land.Does this help.

Regards Richard

Look at website rednetproperty.pl click English version and go to market analysis. They calculate the average price of 6285 per m2 at 31 December 2007. Prices rose 41% in 2007. They forecast a 5% drop in prices there in 2008 as the average income in Lodz is too low and the average worker cannot afford that price.

From 5000-6000/sqm PLN for the typical new flat. If you want an apartment in good housing estate you should pay much more.

hi

It is a new off plan apartment about 2km from the city centre. they are asking 7000pln per sqm sound right?

thanks

7000 looks far too much.Who is the developer and what road is it located on?

http://www.gratka.pl/dom/deweloperzy-nowe-mieszkania/lista/,lodz,1,1,m 1,cw,cmw,od.html look here, and compare it with that flat. Of course 7000 isn't cheap, but it depends on standard.