Wroclaw Property Investment

Travelling to Wroclaw wasa wonderful experience - and made me realise that the Wroclaw property market offered some outstanding opportunities!

Before I arrived in thecity, I expected to bewelcomed by a place thathad not fully recoveredfrom its formal communistrule. This could not befurther from the truth asI found the city to be trulydynamic and vibrant.

I soon discovered that itwas not just developers,brokers, and solicitors,but every local residentthat talked with greatpride about the futureof Wroclaw and its’impressive growth. Thisbright future they feelis inevitable thanks toWroclaw having one ofthe fastest developingresidential markets inPoland, along with thehighest student populationdensity.

While in Wroclaw theshortfall of 42,000 housesin Poland became veryapparent to me. Apparently,it will take 16 years tomeet current demand for Wroclaw property atthe building rate of 2600units per year – accordingto Knight Frank, andthis demand is increasingevery day due to thematuration of the babyboom generation inthe 70-80’s who are allreaching the age to leavehome. The demand isexceptionally high forhigh quality developmentschemes, as the youngergeneration are lessinclined to live in the oldstyle soviet tower blocksand prefer the modernstyle of apartments wehave secured.

There has been a 50%growth in residential prices of Wroclaw propertysince 2005 and much ofthis has been spurned bythe new apartment marketwhich is still ideally suitedand priced for the vastworking population inWroclaw.

For our latest Wroclaw property deal, download at Exclusive New Wroclaw Deal

The residential stock of Wroclaw property systematically improves. However, there is still a large gap between the number of households and number of existing residential units. According to calculations made by Knight Frank based on data obtained from the Central Statistical Office, there is a shortfall of approximately 42,000 units in Wroclaw. It would take over 16 years to satisfy the demand created by the households if the sector developed at the pace of some 2,600 units annually.

A key factor that makes Wroclaw a fantastic place to do business is the location. It is situated strategically between Prague, Warsaw and Berlin, and Wroclaw boasts a developed transportation infrastructure that connects the metropolis with the whole of the continent and beyond.

The highly regarded universities and research centers in Wroclaw embrace new ideas and innovation. At present, information technology, financial services and auto-motive production are the key industries driving the economy. Recent homegrown and international hi-tech investments mean that the agglomeration’s competitiveness will be increasingly determined by knowledge and innovation.

Wroclaw is the capital of Lower Silesia, a region which covers an area of around 20,000 sq km and is populated by approximately 3 million people. Lower Silesia has the densest road and railway networks in Poland, which has promoted the dynamic progress of the region. These networks are well connected with existing pan- European motor and railway systems. A key priority over the next decade is to continue to improve and expand the quality of the networks to ensure continued strong economic growth in the region.

The big industrial and commercial names are already starting to flock to Wroclaw with many major shopping malls in Wroclaw containing Tesco, Ikea, Obi and many more household names.

Demand for residential units of Wroclaw property on all selected regional residential markets has been affected by the growing availability of mortgage financing. This is characterized by decreasing mortgage interest rates. Moreover, the number of young people born in the “baby boom” of 70’s and 80’s who are perceived as the potential first buyers, account for over 26% of the Wroclaw population.

The Deal

Over 70% of the development has already been sold to owner-occupiers, which ensures there will not be an excess of rented property available on the market within this development. The rental demand for apartments of this standard in Wroclaw is exceptional – with the nearby business parks, educational centers, and technology parks mentioned previously. The development is located in a prime rental area.

With just 10% deposits required, you can buy into this development for under £10,000!

For the full investment pack, download at Exclusive New Wroclaw Deal

To check latest availability, and ask any questions, call us on 0115 9474155 or email us at info@property-investment-deals.com


For all Wroclaw property, and Poland property deals, click here!