Endly expensive apartments in Warsaw: Luxurious will be created in the former “House of the Polish Word” real estate. The apartment buildings are to have cinemas, swimming pools, libraries and cigar roasters, SPA, saunas and massage tables. “Rzeczpospolita” describes that They will be one of the most expensive apartments in Poland.
How much do the most expensive apartments in Poland cost? For an apartment in Towarowa 22 in Warsaw, in the former graphic plants, the Polish Word House will be paid from 5 to 10 million PLN. The price per square meter is about 100,000 zloty. However, apartment buildings in the Tri -City are more expensive, where for sq m. You have to put as much as 120,000 zloty. We are talking about apartments where the developer finishes the apartments in accordance with the buyer's design. In turn, for apartments in Noho One in Warsaw you have to pay 50 thousand. PLN per sq m.
They are expensive and more expensive: The Walter Herz real estate agency has calculated that regardless of the market economic situation, the value of high -class real estate in our country goes up at least 10 percent. annually. Luxury apartments are available from 40,000 PLN/sq m, and in the most exclusive and prestigious locations of a meter costs up to 100,000. PLN and more, which examples we gave. The value of premium property in our country is estimated at PLN 3.5 billion and, interestingly, about 30 percent Luxury resources in Poland are focused in Warsaw.
What does it look like in other countries? The most expensive is Great Britain and its capital. On the London market, the average price per meter in this real estate sector is About 30 thousand euro, or approx. 130 thousand zloty. Similar rates are in monaco, New York and Hong Kong, but already in Paris for sq m. In a luxurious apartment you have to pay an average of approx. 23 thousand. euroi.e. approx. 100,000 zloty. Amsterdam is cheaper, where we will find a luxury apartment at an average of 15,000. euro per sq m, i.e. approx. 65 thousand zloty.
Luxury pays off: – Premium real estate, they not only keep value, but constantly gain it. Luxury real estate is most resistant to market fluctuations, economic jumping and all crises. The group of consumers in this market is growing. In Poland, the highest quality products is limited, which is why their prices are consistently increasing. Buyers record several dozen percent profits from investment, and the profitability of the lease reaches 9-10 percent. per year. There is no more profitable option than the premium real estate market – assures Katarzyna Goraszewska, Head of Luxury Residential Agency, new Walter Herz business line.
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Sources: Business Insider, Walter Herz (press materials)