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KATOWICE, Slaskie, Poland Send Y!M

Property ID # 9320

€78,690


Apartment For Sale in Slaskie, Poland

 

After the success of the initial phase, Validus is very excited to bring you the final phase of apartments at Zielona Osada. This is a superb development in the best neighbourhood in Katowice. Rental returns are predicted to be strong so couple with the right financing, an investment here soon becomes cash positive.
The Katowice area has been in some regards Poland’s sleeping giant; home to over 3 million people, it is by far the most urban and industrial region in the country. Overshadowed until recently, by Krakow and Warsaw, investors are now seeing the vast potential of this economic powerhouse. Steadily being transformed by the many multinationals that have relocated to the city, Katowice has a superb infrastructure, a large and dynamic workforce and also with a rising middle class, a thirst for new residential accommodation, of which there is a distinct shortage in the city.


Key features:

7.4% rental income anticipated
Attractive location in Katowice's smartest neighbourhoods
Significant potential for capital growth
Delivery scheduled Q2 2009

Katowice itself significantly undervalued in Poland and it’s property market still contains a very appealing level of room for continued growth. Katowice has always been a comparatively wealthy city due to the mining industry. The current level of unemployment is currently estimated to be 7%, which is one of the lowest rates in Poland. GDP is 17% higher than the national average.

The most important industries include automobile assembly, engineering, and the production of chemicals, steel, building materials and textiles. The area is home to one of the world’s largest bituminous coalfields as well as lead and zinc, around Bytom and iron ore close to Czestochowa.
One of biggest challenges facing this area is the restructuring of the economy from traditional heavy industries into a more modern and competitive model. The Katowice Special Economic Zone has been one of the most successful and well organized in Poland (see below) in helping to attract large scale FDI.

Katowice and its surrounds have also been developing higher education, small and medium enterprises, commerce and services. There is a well developed and highly diversified scientific and educational reserve including 11 public universities. The largest being in Katowice: the University of Silesia home to 37,000 students. The University of Technology in Gliwice is also highly regarded in Poland.

The enormous potential and capacity of Katowice’s regional market is highly impressive, as well as Silesia, this also includes eastern Czech Republic and northern Slovakia. Not surprising that some of Poland’s largest shopping malls have been built in the city. The International Fair in Katowice is also Poland’s second largest.

The Katowice area will see further regeneration and investment with the 2012 European Football Championship hosted by Poland and Ukraine. Group matches are planned for the Silesian Stadium in Chorzow, due for completion in 2010.


• The best location in Katowice - a booming city with strong economic potential
• Severe shortage of quality new accommodation
• Very efficient SEZ attracting many new and large scale multinational investors
• Local wages are higher than the national average and unemployment is low
• 7.4% rental income anticipated
• Cash positive investment with intelligent financing through a local mortgage


Currency Exchange - Foreign Exchange - Currency Transfers - Money Transfer

 

Reference:
Redence ID: 9320
Agent Reference: -
Address:
KATOWICE
Location:
Seaside Mountainside
Ski Resorts Countryside
Utilities:
Water Drainage
Electricity Gas
Details:
Rooms: 0
Bathrooms: 0
Property size: 0 -
Agent details :


Polish Venture
KATOWICE - Invest in Poland’s
KATOWICE
Poland
Phone: -
Cell: -

 




 

 

 

 

 

 

 

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