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Krakow was not
built in a day (Polish proverb)
Real estates in Krakow
and the city's Property Market.
Citizens of the European
Union, Iceland, Norway and Liechtenstein are free to purchase
and own any real estate in Poland except farmland and
forests. Other aliens can buy residential property, i.e. apartments or
houses with plots up to 0.4 hectare (about
an acre) in urban areas, with the intent to take up
residence in the country and they should make a
pledge that it will be their fixed abode and they do not own
other domicile in Poland. All foreigners may also inherit
any property. Otherwise acquisition of real
estate by an alien requires authorization from
the Ministry of Internal Affairs, easily
obtainable in most cases. It applies to
individuals as well as companies whenever
foreigners hold the controlling interest.
Furthermore, non-EU aliens need similar permission to
take over 50% share or more of an enterprise
having real estate among its assets.
On application the Polish Ministry of Internal
Affairs issues ‘permit promises’, valid six
months, to aliens and foreign-controlled
corporations that want to shop for a real estate
in Poland. Subsequently, government officials may
not deny the permit for an acquisition made under
conditions set by the promise and before its
expiration date.
Buying Property in Krakow.
Krakow
is the second most important real estate market in Poland
(after Warsaw, the country's capital city) and the most
attractive city to live in. Foreign
investors snap up about 70 percent of flats for sale in the
most attractive Old Town central district or close to it
.
As
regards residential
property
Krakow’s quality apartments in a
decent neighborhood sell at euro 2,150 or so per square meter, while flats in Krakow at the market’s lower end cost
even a third of that. Three-bedroom houses are
priced anything between euro 120,000 and 600,000
accordingly to their quality, state of repair,
location, etc. And you may have a downtown
tenement house for a couple of
millions euro or
even a centuries-old palace in the historical city center for
ten million euro or so.
On average
building lots in Krakow sell at euro 70 per sq. meter
but there is a wide range: from roughly 20 euro on the outskirts
of the city to 100-plus euro in attractive neighborhoods. And land prices in the very city center
may look exorbitant indeed.
Beyond
the city limits building plots cost between 15 euro and 40 euro
per square meter. Farmland prices in the Krakow region average
euro 2,500 per hectare.
Krakow
is also a rewarding market for commercial
property,
from retail to office to industrial facilities.
Krakow's
property tax
Property
tax in Poland has been introduced as one of local taxes.
It's paid yearly and the amount depends on the size of
the real estate regardless of its market value. Each
municipality decides the rate of the property tax for estates
situated within its boundaries though it cannot exceed the
upper limit set by the country's law.
Krakow’s City
Council has established different rates of
the property tax for various kinds of real estate. Flats and
dwelling houses together with the rest of residential
property are taxed rather lightly at as little as 0.54
zloty
per square meter of the
living quarters. Conversely, since 2007 the basic
rate for commercial
property has been set at 18.25 zlotys per square meter.
At the same time superstores
exceeding 2,000 sq. m have been taxed 18.6 zlotys per square
meter. On the other hand, businesses such as bakeries,
bakeshops, and slaughterhouses have been awarded the
property tax of mere 9.3
zlotys per square meter.
Krakow's
selected realtors, developers, and real estate consultants:
Any
following information has been provided by respective
establishments on their sole responsibility.
Links:

Agencja
Ania Jaskaniec i Ania Kardas - Estate Agency
We're dynamic team of professionals with years of experience
on the real estate market. We co-operate with many specialists
from this market as well as from similar markets to make our
services unique. TOWER's Estate Agency aim in business is
professional service adapted to the client's needs. TOWER also
provides property management and property insurance. Postal
address: Rynek Glowny 33, 31-010 Kraków. Tel. :+48/ 012/
4219126, 4227496, +48/ 510 070 375 (376). Fax: +48/ 012/
4227496 Email: tower@tower-krakow.pl
Website: www.tower-krakow.pl

Agencja
Anna Jasinska-Kraska
Firma Kontrakty Nieruchomosci
We are a licensed real estate office operating in Krakow
and the region of southern Poland. We offer you: flats and
apartments, houses, plots of lands, commercial real estate. We
act as agents in following areas: buying, selling, leasing,
renting. In particular we offer exclusive apartments and
houses to rent. We perform orders for domestic and foreign
investors. Our Agency offers complex services in the real
estate investment process, proposing professional:
architectual, designing, geodesial, evaluating, financial,
notarial and other help. We guarantee full legal service,
discretion, speed and reliability of all transactions. We are
a member of Polish Real Estate Federation. Phone: (+48 12)
2920016, (+48 12) 631 12 55 Phone/fax: (+48 12) 631 12 56. English
speaking staff: (+48) 501 58 68 93, (+48) 501 58 68 91. A French – language
service is also available: phone (+48) 602 689 020 E-mail: biuro@fkn.com.pl,
www.fkn.com.pl Postal address: Aleja Grottgera 2, 30-035 Krakow, Poland.

Agencja
Exclusive-Estate
We are an exclusive, modern and
licensed real estate agency specializing in buying, selling,
renting and letting properties. We cooperate with developers,
architects, notaries, banks and other real estate agencies to
ensure our customers a high-class and full service before,
during and after a transaction. Our mission is supporting the
customers and accompanying them in important decisions and
moments of their life. Our offer renting/buying includes:
luxurious suits in the heart of The Old Town, modern and
ancient flats in the Centre of Kraków, houses and villas,
commercial and business premises and parcels of land. Our
values are: honesty, professionalism, modernity and optimism.
We speak English, Spanish, Croatian, French and Russian.
Please contact us: biuro@exclusive-estate.pl,
www.exclusive-estate.pl, phone: (+48 12) 290 66 26, fax: (+48
12) 290 67 40, cell phone: +48 510 268 700, +48 510 268 400.
Address: ul. Św. Tomasza 34, 31-027 Kraków, Poland.
Other
selected real estate agents and developers in Krakow:
Agencja
Nieruchomosci "Realnosc"
Law Firm and Real Estate Agency
Address: Mazowiecka 117, 30-023 Krakow,
telephone:0048-12-633-15-49, telephone/fax:0048-126323796 ,
email: realnosc@kki.pl ,
www.kki.pl/realnosc, mobile:0048-601488071, we provide
services in English, German and Italian. We invite you, three
professional licences, we are on the market since 1988.
Grey
House – Szara Kamienica Foundation
We offer office space and superluxury apartments and suites.
Areas from 50 sq. m to 450 sq. m. Rents are negotiable. The
best possible location in the city. Address: 6 Rynek Glowny
(Grand Sq.) Phone: (+4812) 4211525. Fax: (+4812) 4211308.
Email: fundacja@szarakamienica.pl
Postal address: Rynek Glowny 6, 31-042 Krakow, Poland.
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Residential
property in Krakow: flats, condos, and houses
Toolkit
for would-be buyers of Krakow property
How
to sell real estate in Krakow
Business in Krakow
Tips
for the Business Visitor Coming to Krakow
Foreign
Direct Investment in Krakow
Investing
in Krakow
Krakow
Technology Park
Taxes
in Poland
Krakow's
Biggest Industrial Corporations
Krakow
Economy
Shopping
in Krakow
There
are over 25,000 beds to choose from in varied hotels, hostels, b&b, guest
rooms, vacation apartments, and the like.
Holiday
apartments in Krakow
Krakow
hostels and other cheap lodgings.
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