Krakow's residential property

Krakow’s Flats, Houses, and Other Homes.

Jump on the bandwagon, have a residence in Krakow.

There has been evident boom in the residential property market in Krakow since the end of 2004. Prices of new flats rose by more than seventy percent in 2006 alone. On the one hand, Poland’s accession to the European Union has persuaded foreigners to shop for apartments and/or houses in the city. On the other, the country’s concurrent economic upturn has induced a new surge in domestic demand for housing, fueled also by easy mortgage – courtesy of low inflation, fierce competition between banks, and appreciating Polish currency (hence popularity of credit lines in Swiss francs).

Yields on residential property in Krakow hovers around ten percent and exceeds it for real estate in the city center.

Krakow apartments.

Most prized are quality flats in the central Old Town historic district or at least those advantageously located close to it. Refurbished, more or less, apartments in old tenement buildings of the 19th and the 20th centuries or older outnumber modern condominiums whose prices start at an equivalent of 2,500 euro per sq. m for new flats in the proper city center. At the same time, several new fairly centrally situated apartment houses and housing estates are now in various stages of development here, some of them coming with spacious penthouse suites and promising true luxury for euro 3,500-plus per sq. meter.

The middle of Krakow’s real-estate market for residential property consists of flats in the 20th-century downtown tenement houses, if in good repair, and apartments in housing estates constructed in various parts of the city in the last 15 years.

Downmarket one finds apartment blocks of prefabricated concrete from the 1960s, the 1970s, and the 1980s, notably those in vast peripheral residential areas that resemble housing projects in the USA and similar developments in the Western Europe.

Brand-new condos in Krakow.

As regards new housing, developers provided some 6,600 newly completed flats in Krakow in 2006, and projected supply for 2007 hovers around 7,000 new apartments – far short of the current demand of 8,000 or so dwellings a year. No wonder the prices of new apartments have risen on average by roughly 22.5 percent in 2005 and enormous 70 percent in 2006. Even as supply also picks up the upward trend, if less steep, looks set to last. The greatest demand is for the least expensive new apartments, those in the price range from an equivalent of 900 euro to 1,100 euro per square meter and not bigger that 60 sq. m.

The bulk of new flats available on the Krakow property market come in housing estates that number more than fifty apartments, still in the early stages of development. Their median price hovers around an equivalent of 1,950 euro per square meter but the brand-new dwellings are hardly ever the turnkey projects.

Landlords, tenants, and apartments for rent

Rentals for apartments in Krakow have risen, on average, by 19 percent over the last twelve months. Median rents amount to roughly 260 euros per month for a studio, about 350 euros monthly for a one bedroom flat, some 460 euros per month for a two-bedroom apartment, and about 640 euros for a three-bedroom one.

See rental holiday apartments in Krakow

Own house in Krakow.

A detached house in a good neighborhood remains the most sought-after place of residence for the locals in Krakow, though many would settle for a semi-detached one as well. The cream of the crop are real estates situated among Krakow’s parklands in the western quarters of the city, notably in the Wola Justowska bucolic district. Also popular are inner suburbs to the south of Old Town central district.

New housing trends.

Despite the substantial housing density and protection due to its historic character, there are still plots available for development even in the most-cherished Old Town and its immediate environs, the recently chic Kazimierz district in that number, not to mention other downtown areas. Right now developers seem keen to take fuller advantage of it and the fact that the rich are ready to pay a considerable premium on high-quality apartments in the historic center of Krakow.

To date conversion of old industrial premises into lofts hasn’t really caught on in Krakow. Yet it remains potentially a big deal as there are numerous abandoned factories and warehouses in its downtown, some of considerable architectural value and often situated truly advantageously.

At the same time the Krakow citizens keep moving to the city’s inner and outer suburbs, the growing trend being reinforced by developers who take advantage of cheaper land and less red tape to build housing estates on the outskirts, sometimes beyond the city limits. As most of the migrants leave Krakow for the neighboring municipalities to commute daily to the city, the affluent often move further to the countryside in the Krakow region where grass is greener and larger estates more readily affordable.

Selected developers of residential property in Krakow

Any following information has been provided by respective establishments on their sole responsibility.

Links:

Alpha Krakow
Address: ul. Zwierzyniecka 11, 31-103 Krakow. Phone: (+48) 124301613, phone/fax: (+48) 124301612. Web site: www.gardenresidence.pl Email: biuro@gardenresidence.pl
In the very heart of Krakow, by the Wisla river, there’ll be a modern apartment complex designed with demanding clients in mind. Garden Residence is located in the old Zablocie district that has got a comprehensive revitalization plan.
* only 5 minutes walk from scenic Kazimierz district
* 7 minutes to the Wawel Royal Castle
* 10 minutes to the Main Square.
Garden Residence isn’t just elegant apartments but above all “comfort, relaxation, and safety”. It is so designed that everyone will be able to rest there and forget about the city noise. On the premises we’ve planned:
* 7,000-sq-m beautiful garden
* 2,000-sq-m of a modern fitness club with a pool, Jacuzzi, gym, and sauna
* underground garage with parking spaces for residents and guests
* secured area, 24/7 reception
* noiseless lifts from the garage level
* high quality finishing materials
* basic services and shops
* a cafe
* a playground
* building with facilities for the disabled

Apartamenty Krakowskie
Address: ul. Piastowska 44B, 30-070 Krakow. Phone (+48) 122941206, fax (+48) 122941209. Website www.apartamentykrakowskie.pl Email biuro@ffkinvestment.pl

Maylane Polska Sp. z o.o.
Maylane Polska Sp. z o.o. specializes in the development, redevelopment and project management of high standard luxury apartments in Krakow. With its team of professionals, emphasis is given to the details providing for modern day needs and comforts within Krakow's historical setting. In association with reputable estate agents and financial institutions, comprehensive solutions are tailored for each client. Other services include: detailed analysis and feasibility studies; investment advice; total project management; comprehensive reporting to investors; sales and marketing administration.
Visit Maylane Polska at: www.maylane.com, www.parkside.pl Email: contact@maylane.com parkside@maylane.com Address: ul. Bracka 4, 31-005 Kraków; Phone: +48 12 428 72 22 Fax: +48 12 428 72 33

Mieszkaniowy As
DevelopMan is a marketing brand for KCI Lobzow Ltd. whose main activity is the property developing. As professionally experienced company we have launched a developing activity and its main business venture is an investment called "KAMIENICE HERBOWE" ("NOBLE RESIDENCES") located near ul. Wroclawska and ul. Poznanska. The unique character of the residence is created by original shape of the main building construction and carefully blended details. The real high quality consists of: wooden windows and interior doors, anti-burglary main door and floor heating in bathrooms. The apartments are sunny, spacious with extraordinary seized balconies, loggias or terraces. We have focused a special attention on acoustic standard of apartments. To fulfill our customers needs we have designed a representative main hall in the residence on the ground floor with a reception desk and silent and comfortable lifts carrying the occupants up to their apartments. The size of apartments will be from 34 up to 113 square metres. For more information please visit KCI Lobzow at: www.developman.com Email: biuro@mieszkaniowy.as Address: ul. Wroclawska 55, 31-011 Krakow; Phone: +48 12 633 86 40 or +48 12 632 05 63 Fax: +48 12 632 05 63

Krakow's other selected developers

Budopol
Address: al. Slowackiego 39. Phone/fax: (+48) 126333389. Phone: (+48) 126341444 ext. 292. Web site: www.budopol.pl Email: adams@www.budopol.krakow.pl

PREMBUD s.c.
Address, sales department: 11 Bosakow street. Phone/fax: (+48) 126504050. Mobile (+48) 608010656. Email: budowa@prembud.pl Web site: www.prembud.pl Opened from 9 a.m. to 6 p.m. weekdays.

PROINS
PROINS is a group of firms with traditions that date back to 1989. Its essential activity consists in property development. The group’s own, licensed estate agency, "PROINS" B.K., sells the developed property. At present our offer includes new flats and commercial space at Rydlowka street in Krakow. It’s very attractive location only 500 m from Rondo im. Matecznego, one of Krakow’s key traffic circles. There is next project in progress at Walerego Slawa street near Bonarka City Center now under construction. PROINS owns an office block in Krakow with office space to let as well as SPA hotel in Radocza near Wadowice some 40 km from Krakow. All information about the sale of new flats is available via phone at (+4812) 6566208 and (+4812) 6560117. Email: nieruchomosci@proins.pl Web site: www.proins.pl Address: ul.Wapienna 2, 30-544 Krakow, Poland.

Krakow's selected realtors:

Any following information has been provided by respective establishments on their sole responsibility.

Links:

Agencja Amerykanskiej Sieci Coldwell Banker
Coldwell Banker Stewart European Nieruchomosci is the first office in Poland representing the international Coldwell Banker network, offering assistance of over 120,000 consultants in 4000 branches around the world. Coldwell Banker has been operating on the American market since 1906 and since 2001 it is present in Europe: France, Spain, Portugal, Italy, Malta, the Netherlands and Ireland, and has become a leader in these markets. We offer professional assistance in purchasing and selling property both in the secondary and primary market and in renting flats, apartments, houses and residences. We offer legal and loan consultancy, services in marketing and advertising projects and prepare real estate market analyses. On behalf of owners we take over all matters regarding the administration of rented property. Our Krakow office is located at Rynek Glowny 46. Phone: (+48)124220474, E-mail: Krakow@cbstewart.pl, website: www.cbstewart.pl

Agencja Ania Jaskaniec i Ania Kardas - Estate Agency
We are dynamically developing company and our motto is professional, reliable service as well as ensuring you safe transactions. The Agencja Ania Jaskaniec i Ania Kardas - Estate Agency, registered partnership, will help you to find suitable place in Krakow, offering you a range of services such as purchasing/selling; renting/letting:
-flats;
-houses;
-commercial, business and shop premises;
-lands.
To assure reliable and safe transactions:
we have the license number 4761 issued by the Ministry of Infrastructure;
we offer help in obtaining favorable credit on mortgage;
we cooperate with lawyers, notaries, architects;
for the needs of our clients, we cooperate with various real estate agencies. If you are going to sell, purchase, rent or let the property we invite you to use our services! Our head office is located in the place known to everyone - Main Market no 33.
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 Ania Kubacka - MAGNAT - Real
Estate Agency
We are a licensed real estate agency, located in the heart of Kazimierz. From our portfolio, we are able to offer you a wide selection of studios, flats, luxury flats, tenements and commercial real estate in the centre of Krakow, particularly in Kazimierz. We can also offer you a large selection of plots of land, houses and mansions in Krakow and vicinity. Our professional service includes taking care of all the documentation, whether you choose to buy, sell, lease or rent by our agency. Should you not speak Polish, we are happy to communicate with you in either English or German. Address: 7/11 Krakowska street. Phone/fax (+4812) 2920265. Email: magnat@informer.pl www.magnat.informer.pl Postal address: ul.Krakowska 7/11, 31-062 Kraków, Poland.

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 Ewa Szembek
Address: ul. Grodzka 41. Phone/fax: (+48 12) 4324390 and 4324391. Phone: (+48 12) 4302039. Mobile 604437688. Web site: www.ewaszembek.pl Email: biuro@nieruchomosci-szembekewa.com The Real Estate Szembek Ewa has begun its activity in 1999. We keep a complex activity in mediation and management range of real estate. We have the licences in mediation and management range of real estate received from the President of Department of Housing and Cities Development. Moreover, we are the member of Malopolski Agents Association in the Trade of Real Estate. The agency is situated just in the heart of Cracow, by the King's Way, at Grodzka street 41. We are perfectly knowledgeable about Cracow's market of real estate. We are fast, professional and efficient.

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.

Agencja Inwestycje Finanse Nieruchomosci
Offers complex services connected with seeking and purchasing as well as leasing and renting houses, flats, building plots, industrial sites, commercial structures and others. We have a wide collection of our own offers and those coming from a computer database of the Krakow and national net of property agencies. We ensure professional approach to foreign and domestic investors as well as to individual clients. We provide factual and objective advice, professional information, and discretion. We cooperate with numerous developers, building companies and other institutional entities, investing in construction projects. Owing to our cooperation with notaries, experts, surveyors, architects, facility managers and banks, our clients are able to carry out their transactions conveniently. We are a member of Polish Real Estate Federation.
Postal address:10/1A Morawskiego Street, 30-102 Krakow, Poland. Phone/fax: (+4812) 2940142. e-mail: schmidt@ifn.pl, Website: www.ifn.pl English contact: Katarzyna Madej, +48 509 108244, Witold Suryjak, +48 509 108245, Marek Suryjak, phone +48 509108252, Przemyslaw Budzowski +48 509108246. German contact: Marek Leszczuk, phone; +48 501048225, Kontakt: Joanna Marczynska-Schmidt, tel.+48 501469950. ACCOUNTING AND FINANCIAL ADVISORY: Maciej Schmidt, phone: +48 501469940.

Agencja Nieruchomosci – Elite Properties
Elite Properties Ltd. is a young, dynamic and licensed company that was formed specifically to address the unique real estate needs of the people we serve. Our aim is to provide an efficient, professional and complete service within the local property market and a great amount of advice that good Realtor has to offer. We deal with all aspects of real estate services and cater to the needs of all our clients while: purchasing, selling, renting and leasing all kinds of properties. In order to assure our clients satisfaction we cooperate with notaries, lawyers, architects, other real estate agencies and we assist in obtaining insurances and mortgages. All our consultants speak English! Please visit us in the Old Town at Bracka street 4 (2nd floor) or contact us at: www.eliteproperties.pl, biuro@eliteproperties.pl phone: +48 12 428 72 30, +48 12 428 72 31, fax: + 48 12 428 72 32, mobile: +48 608 593 856.

Krakow's other selected realtors:

Agencja Nieruchomosci DOMEL
Realtors. Address: ul. Kosciuszki 43. Phone/fax: (+48) 124270125. Website: www.cracow-realestate.com Email: domel@domel.nieruchomosci.pl Experienced team has created foundation of the new company, which today successfully realizes purchase, sales and rent transactions of:
* land,
* flats and apartments,
* houses,
* industrial and commercial properties.
We present an interesting offer of properties, permanently actualized. Our firm cooperates with other real estate companies in order to create complete offer of properties available on the market. We offer to our customers a support in the field of legal advice as well as wide range of banks' proposals in the area of financing and crediting purchase of properties. We create nice atmosphere in the contacts with our clients, individual and flexible realization of their needs and reliable attendance. We are permanently present during whole process of property purchase, which ends with symbolic transfer of the keys to the new owner. Due to these fact rapidly grows number of our partners and satisfied clients. We kindly invite to cooperation.

Agencja Nieruchomosci ImmoExpert
We are a developing modern real estate agency. We offer complex and professional services in the real estate investing process on primary and secondary real estate market. We provide services for domestic and foreign business entities, institutions as well as individuals connected with buying, selling or renting houses, flats, building plots or commercial premises. The high quality of our services comes from professionalism, experience and reliability of our employees. Our services include professional investment and legal advice as well as analyses of real estate market. The most important in our work is providing safety of transactions for our clients. In order to contact us please dial: +48 603 302 195 (English), +48 781 343 803 (francais) We speak Polish, English and French.
Address: ul. Krolewska 69/54. Phone: (+48) 126234010. Fax: (+48) 126234011. Website: www.immoexpert.pl Email: biuro@immoexpert.pl

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.

Agencja Nieruchomosci TARA
"TARA" is one of the most recognizable real estate agencies in Cracow. On the local market since 1998 – the license of real estate agent number 230. In our daily activity we use all the law and ethic rules as well as the professional norms. During almost 10 years of our experience "TARA" has been appreciated by many significant clients. What is more, we would like to inform you that we are just putting into practice the ISO procedures 9001:2000 – basic of the quality system in each company. Besides, we are the Member of:
* Association of Real Estate Agents
* Polish Federation of Property Market (certificates of European Real Estate Academy)
Our activity includes services in:
* Real estate rotation
* A valuation, law service
* Management and administration in properties
We assure a full discretion and transaction certainty to all of our clients. "TARA" is situated at Aleja Pokoju 82, 31-564 Krakow. Mobil phone: +48 609600398, +48 609600085 E-mail address: biuro@tara.net.pl Web site: www.tara.net.pl

Agencja Nieruchomosci - Zatorska
Address: 8/7 Pomorska street. Phone/Fax: (+48) 126344370. Phone: (+48) 126317705. Mobile: (+48) 502092429. Email: nieruchomosci-zatorska@op.pl

Agencja Obrotu Nieruchomosciami "ARTUS" s.c.
Realtors. Address: ul. Dietla 77/6. Phones: (+48) 124231069, (+48) 124281220. Fax: (+48) 124231069. Website: www.artus.nieruchomosci.pl Email: artus@artus.nieruchomosci.pl

Biuro Nieruchomosci Petryla
Address: Rynek Podgorski 12/21. Phone: (+48) 122597505 and (+48) 122597506. Phone/fax: (+48) 122597507. Web site: www.petryla.gratka.pl Email: petryla@adres.pl

Chmura Grazyna Biuro Nieruchomosci
Real Estate Purchase Sales and Lease agency office G. Chmura has been present on Polish Real Estate Market since 1982. We offer large assortment houses, flats, apartment, plots of lands, commercial real estate. In particular we offer new flats. We cooperate with developers since 1993. We are member of Polish Real Estate Federation. We cooperate with lawyers, notaries, architects, geodesist, banks. We guarantee efficiency and safety of transactions. We are at your disposal: Monday - Friday - 10 a.m - 6 p.m. Contact us: Phone/fax: (+4812)4218539, phone (+4812)6344290, mobile (+48) 664934999. SKYPE: posrednictwo_chmura, e-mail: nieruchomosci@chmura.com.pl Website: www.chmura.com.pl Postal address: Urzednicza 47/10, 30-048 Krakow

Constans - Krakowskie Biuro Nieruchomosci
Address: ul. Dluga 46/2. Phone/fax: (+48) 126341571. Phone: (+48) 126338985. Mobile: 602692285. Web site: www.constans.gratka.pl Email: e.milosz@interia.pl
Real estates for sale. Professional service. Legal aid. We make your dreams come true.

Darja D.Przychodzen
Address: ul.Pilsudskiego 22, 31-109 Kraków. Office: Zabierzow 32-080, ul.Brzozowa 10. Phone/fax (+48) 122852132. Email: darja@life.pl Website: www.darja-dom.pl
We are a family company with a 16-year experience in different lines of business. Our greatest strength is considerable experience in negotiating, understanding our customers' needs and knowledge of the local market, neighbourhoods and services available in the area. We can guarantee professional, patient and nice service as well as advice on how to select the right property without wasting your time and money. We also offer help in getting through a transaction smoothly on every stage of it. Based in Kraków, we can provide properties in Krakow and the nearby areas. We specialize in selling houses and land for housing, commercial and industrial purposes. We closely cooperate with architects, surveyors, interior designers and building companies. If you are looking for a reliable, skilled and knowledgeable real estate agent – welcome to our company !

Grey House – Szara Kamienica Foundation
We offer office space and superluxury apartments and suites. Areas from 50 sq. m to 270 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: office@proanima.com.pl Postal address: Rynek Glowny 6, 31-042 Krakow, Poland.

Polish German Estate "Kawecka & Partner"
Address: 6 Fabryczna street. Phone: (+48) 122942088. Fax: (+48) 122942087. Website: www.kaweckaipartner.phg.pl Email: kaweckaipartner@inetia.pl
"Nieruchomości Kawecka & Partner" offers a complex service in the real estate market. While we specialize mainly in working with companies and firms, our services are available to private customers as well, dealing with the purchase or lease of flats, parcels, houses and a wide assortment of other properties. Our membership in the Polish Real Estate Federation as well as the local Realtors Association guarantees a high level of professionalism in our services, and thanks to a wide selection partner agencies and firms, reaching from notaries and banks, to law and geodetic agencies, we are able to assist our customers with every aspect of most transactions. Realtor License no. 1005, Administrator License no. 13386

Guide to real property in Krakow

Krakow's Real Estate

List of Krakow's Real Estate Agents

Commercial property in Krakow

Toolkit for would-be buyers of Krakow property

How to sell real estate in Krakow

Investing in Krakow

Taxes in Poland

Business in Krakow