All real estate in Lodz, Poland

Real estate in Lodz

Location, climate, infrastructure and economy

Lodz is a large city and the administrative center of the voivodeship of the same name, located in the central part of Poland, 120 km southwest of Warsaw. The climate is humid continental (warm summers, snowy and windy winters).

Lodz, due to its location in the central part of the country, is an important transport hub: it is served by the national highway network, intercity and regional railways, and an international airport. Lodz is an important industrial center of the country. Many foreign companies have opened enterprises and offices in this city, in particular, the American corporation for the production of computers Dell, the Indian IT company Infosys. Half of the country's textiles, automobiles, chemical products, furniture, electronics are produced here, the service sector is developed in various industries, including banking, tourism, and auditing.

Local universities are actively cooperating with the business sector, preparing highly qualified specialists in the right areas. Tourists are attracted by historical and architectural monuments, museums, a botanical garden, and theaters.

Market and real estate prices in Lodz

The real estate market in Lodz is growing. It is characterized by the fact that objects can be purchased cheaper than, for example, in Warsaw or Krakow. The operating production base, employment opportunities, universities that train specialists in various fields and rich history make the city attractive for life and, accordingly, for investment. People want to buy real estate in Lodz both for moving to a permanent place of residence, and for receiving passive income from renting the property out. Demand for real estate in Lodz is growing with an increase in the number of investors from neighboring countries (Belarus, Russia, and Ukraine) and labor migration of the population from other regions of Poland.

Experts note that the value of real estate in Lodz has increased by 8% this year. Elite apartments are located in the city center and overlook Petrovska Street. Housing prices are the highest here - 3,000 euros per sq.m.

You can buy residential real estate in Lodz at a reasonable cost in restored atmospheric "kamenice" (old apartment buildings) and six-story buildings (like the Soviet "Khrushchev"), in such houses one- and two-room apartments are sold, where students and foreigners who came to work prefer to live next to city enterprises.

Residential real estate in Lodz near the Łagiewnicki park is in great demand (modern townhouses), customer reviews note the following advantages in addition to the location: the presence of a parking space or garage, new communications, a calm atmosphere and safety.

The proposed multi-level three-room lofts in the old manufacturing complexes are considered prestigious, restored, their interior has a modern style, they are sold at a reasonable price.

In remote areas of the city, you can find offers at a low cost, but the funds saved on the purchase will have to be invested in repairs in order to make the room comfortable for living.

Approximate cost of real estate in Lodz per sq. m:

•  housing depending on the area of location: in the center - from 2000 euros, in the prestigious Vidzew area - 1390 euros, Polissya - 1380 euros, in less popular areas (Srodmieście and Gurna) - just over 1000 euros,
•  land plot - from 35 euros/sq.m,
•  commercial facilities: office - 500 euros, warehouse - 750 euros, hostel - 920 euros, shop - 1300 euros.

 Property types for sale

• primary and secondary housing stock, including apartments in low-rise buildings of the historical center, apartments in panel houses, lofts, houses, townhouses, and mansions;
• commercial premises (industrial real estate, warehouses, retail, offices);
•  land plots.

In order to buy a house, land or commercial property, a foreigner must obtain permission from the Ministry of Internal Affairs of Poland. The GEOLN.COM website with a user-friendly interface allows you to quickly find real estate from developers in the new buildings or from the owner in the secondary market without an intermediary and to get advice on your choice. The sale of real estate in Lodz is regulated in detail by law, transactions are transparent and safe, but in order to minimize risks, it is advisable to use the information of experts and follow their recommendations.

Buying real estate in Lodz is a profitable investment in a European city of students, historical attractiveness, a developed economy and a comfortable ecological environment.

Real estate prices in Lodz