The polish bank BZWBK (part owned by AIB) produce a monthly news letter on the polish econmy and financial markets. This is interesting reading for Polish Property investors. It is a free service. Log on to the BZWBK website,
http: / /english .bzwbk .pl , click on Economic service on Left hand side and download monthly MACROscope
Chose the right time to purchase, but dont leave it too long!
Demand for flats still remains subdued as potential clients are
postponing purchases, hoping for a deeper price correction.
However, it is likely that delayed demand is likely to show up
eventually, and thus a scope for price drop is limited. Especially
that rents in big cities have been growing, which implies that
delaying house purchase is getting increasingly costly.
Miasteczko Wilanów Warsaw
A residential development of over 8.000 units,
A commercial zone of approx. 80.000 sqm, including:
supermarket (9.900 sqm)
do-it-yourself facility (9.000 sqm)
200 retail stores
restaurants (3.700 sqm)
leisure (8.250 sqm)
Offices and others zone:
A 50.000 sqm technology park
Other business developments are being negotiated.
Public areas and parks will constitute 50% of the project.
Wilanów is one of the 18 districts that compose the administrative distribution of the city of Warsaw.
Wilanów is located in the south-east corner of Warsaw.
Warsaw is perceived as a garden-city, with wide variety of open green spaces (Natoliñski Park, Kabacki Forest and large areas next to Vistula River).
Warsaw is famous for the Palace of the King Jan III Sobieski.
Favoured area for embassies and diplomatic institutions.
Excellent communications withWarsaw city centre, the City airport, the subway and other districts such as Ursynów and Mokotów.
Over 1900 flats;
Buildings maximum height: ground floor plus 4 storeys;
Medium-high standard build quality;
Garages, commercial space and parking areas on ground;
Anticipated completion date for the Warsaw Project is 2010.
3 Bedroom Apartments,110sqm Ostoja Wilanow Poland, Warsaw.Price: € 221,000
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