New buildings in Wroclaw
Wroclaw on the map
Wroclaw is a Polish city, the fourth most populous city after Warsaw, Krakow and Lodz, one of the oldest cities in Poland, located on both banks of the middle reaches of the Odra, on the Silesian lowland.
Why Poland and Wroclaw?
It makes sense to think about investing in new buildings in Poland. Poland is becoming more and more attractive for investors. Economic growth, a high standard of living, the opportunity for children to get a good education, to conduct business in a calm, predictable and positive environment - what else does an entrepreneurial investor need?
New buildings in Poland are in demand, the economy is fundamentally strong, and salaries are high. If we add the warm comfortable climate to everything we mentioned above, the choice for investment is obvious.
British Coventry University decided to be opened exactly in Wroclaw, not in Warsaw. Wroclaw has the largest diaspora of immigrants from the CIS countries, many immigrants from India (they mainly work in IT and medicine), South Korea (there are several large factories). Italians, Spanish, Germans make up a smaller diaspora and they work in the management of factories, research centers, as well as in offices - accountants and IT specialists. You can often hear English, but mostly spoken by tourists. It is inexpensive for tourists to travel here and there is a lot to see.
The revenue side of the budget of Wroclaw for 2020 increased by 17%. The main source is payroll tax. This means that the incomes of residents are increasing as well. Infrastructure is being improved in Wroclaw: a high-speed railway line is being built between Wroclaw, Prague and Warsaw, roads are expanding in the direction of Berlin, sewerage and tramways are being modernized, and there are more city buses.
Tax on rental income in Poland is only 8.5%. And if you add the growth of real estate itself over five years to the rental cash flow, the investment seems very attractive.
Description of the primary real estate market in Wroclaw by districts, prices for new building
Wroclaw consists of five districts: Old Town, Srodmiescie, Krzyki, Pse-Pole and Fabrychna. Districts are divided into microdistricts. When choosing an area for investment in new buildings, one should take into account where, how many, what new buildings are offered, the availability of infrastructure for business in order to attract buyers and tenants. Cultural and historical objects are concentrated in the Old City, real estate in the area is represented by old houses, and it is of interest only to investors for the purpose of buying, restoring and further renting out.
Srednemestye is located on the right bank of the Odra River. At this time, it is undergoing a process of deurbanization, many local residents are moving to less busy areas, such as Kshiki and Pse-Pole, the Biskupin microdistrict, which is distinguished by green terrain. Krzyki is an area in the southeastern part of the city on the left bank of the Oder River, considered one of the most popular areas in Wroclaw.
Infrastructure is actively developing in Krzyki. In the last five to seven years the Krzyki district has been actively built up with new residential complexes full of modern apartments. Real estate prices are different and depend on location, type of housing and living conditions.
Pse-Pole is a large urban area in the northern part of the city, located on the right bank of the Odra River and the navigation channel. There is a large industrial center in the eastern part of the district, and numerous beautiful forests grow on the outskirts. Therefore, many buyers prefer to purchase real estate for living closer to nature in residential complexes surrounded by forests. In recent years, many new modern low-rise residential complexes have been built here.
Fabrychna is one of the largest districts located in the western part of the city on the left bank of the Odra River. New residential buildings with modern apartments and layouts are being built here.
Residential complexes in Wroclaw are built with high quality, taking into account all modern requirements for comfort and safety.
The prices for real estate in the Fabrychna area are lower in comparison with other areas of Wroclaw.
According to the information provided by the real estate search engine GEOLN.COM, the price per square meter in new buildings of Wroclaw from developers starts from $870 in a black frame, which is inexpensive for European prices. Although it depends on the area, layout, infrastructure development and other factors.
Features of the acquisition of real estate by foreigners
The restrictions apply only to those cases when the objects of the transaction are villas, houses in a rural area or border zone, as well as plots of land exceeding one hectare.Then the Polish Ministry of Internal Affairs must issue a special permit, for which a check is carried out, both of the buyers and of the information about the building or land. When it comes to apartments in cities and suburbs, the purchase of real estate in Poland by an individual is completely available.
Highlights of Wroclaw
- The majestic Cathedral
- Magnificent landscape zoo
- Historical building “Hall of the Century”
- Royal Palace
- Beautiful Moshnensky castle
- Monumental Racławice panorama
- Market Square
- Synagogue Under the White Stork
- Gothic Cathedral of Mary Magdalene
- Wroclaw parks
An apartment in a new building in Wroclaw from a developer is a status investment that combines style and pragmatism inherent in the city itself.
Prices per sq. m. in popular districts of Wroclaw
|Nadodrze housing estate||1350$ / m2|
|Jagodno||1300$ / m2|
|Old Town Housing Estate||3040$ / m2|
|Maslice estate||1160$ / m2|
|Wojszyce||1410$ / m2|