Wroclaw Property Investment

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

Before I arrived in the city, I expected to be welcomed by a place that had not fully recovered from its formal communist rule. This could not be further from the truth as I found the city to be truly dynamic and vibrant.

I soon discovered that it was not just developers, brokers, and solicitors, but every local resident that talked with great pride about the future of Wroclaw and its’ impressive growth. This bright future they feel is inevitable thanks to Wroclaw having one of the fastest developing residential markets in Poland, along with the highest student population density.

While in Wroclaw the shortfall of 42,000 houses in Poland became very apparent to me. Apparently, it will take 16 years to meet current demand for Wroclaw property at the building rate of 2600 units per year – according to Knight Frank, and this demand is increasing every day due to the maturation of the baby boom generation in the 70-80’s who are all reaching the age to leave home. The demand is exceptionally high for high quality development schemes, as the younger generation are less inclined to live in the old style soviet tower blocks and prefer the modern style of apartments we have secured.

There has been a 50% growth in residential prices of Wroclaw property since 2005 and much of this has been spurned by the new apartment market which is still ideally suited and priced for the vast working population in Wroclaw.

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


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