krakow
Top takeaways from this article:
Property Market, House Prices, House Search, City Districts, Estate Agencies, Local Development Companies, Transport links, Airport, Business and Industry.
PROPERTY MARKET
The average price for apartments in Poland varies depending on the location and size of the apartment. In major cities like Kraków, the average price per square meter for a medium-sized apartment in good condition is around 12,000 to 14,000 PLN (2,776 € to 3,239 € ). However, in smaller towns and rural areas in the Lesser Poland Region (Malopolska) , the prices can be much lower, with some apartments selling for as little as 6,000 PLN (1387 ) per square meter.
THE AVERAGE PRICE FOR APARTMENTS IN KRAKOW
HOUSE SEARCH
The two most popular websites for house searching in Poland are: Otodom and nieruchomosci-online.pl
BEST CITY DISTRICTS
Among Krakow’s 18 districts, Zwierzyniec and Mistrzejowice emerged as top performers, each claiming victory in three categories. Zwierzyniec excelled in ecology, street cleanliness, and pet-friendly initiatives, while Mistrzejowice stood out for its sports facilities, shopping options, and healthcare services. Additionally, Nowa Huta and Old Town (Stare Miasto) earned recognition in two categories each.
Stare Miasto (Old Town): Known for its historic charm and cultural attractions, Stare Miasto boasts cobblestone streets, medieval architecture, and iconic landmarks like Wawel Castle and the Main Market Square. It offers a vibrant atmosphere with numerous cafes, restaurants, and shops, making it popular among tourists and locals.
Kazimierz: Once the historic Jewish quarter, Kazimierz is now a trendy and artistic district known for its bohemian vibe, colourful street art, and lively nightlife. It features eclectic cafes, galleries, and music venues, attracting artists, students, and hipsters.
Podgórze: Located across the Vistula River from the Old Town, Podgórze has undergone a revitalization in recent years, becoming a dynamic and up-and-coming neighbourhood. It offers a mix of historic sites, green spaces, and modern developments, making it an appealing area for families and young professionals. For many tourists, Kraków is primarily associated with the Market Square, Wawel, or Kazimierz—a pity, as the magic of this city goes much further. Podgórze has been gaining more and more recognition for some time now.
Nowa Huta: Built in the socialist realist style during the Communist era, Nowa Huta is a unique district known for its industrial heritage and spacious green areas. It offers affordable housing options, community amenities, and easy access to nature, attracting residents seeking a quieter lifestyle away from the city centre.
Krowodrza: Situated west of the Old Town, Krowodrza is a residential district with a mix of historic and modern architecture. It offers a peaceful ambience with parks, schools, and cultural facilities, making it ideal for families and professionals seeking a balanced lifestyle.
Bronowice: Located north of the city centre, Bronowice is a quiet and suburban district known for its residential neighbourhoods and green spaces. It offers a relaxed atmosphere with good amenities and transportation links, making it suitable for families and retirees.
LOCAL ESTATE AGENCIES
It is estimated that several dozen estate agencies are actively serving the Kraków area, offering a wide range of real estate services to buyers, sellers, landlords, and tenants. These agencies vary in size, specialization, and reputation, providing options for individuals and businesses seeking assistance with property transactions in Kraków.
Real estate agents typically represent sellers who hire them rather than buyers. Consequently, agents may be interested in securing higher property prices to earn larger commissions. We do not receive commissions or referral income from estate agents, individual sellers, or development companies. We promise to keep our service unbiased and independent.
LOCAL PROPERTY DEVELOPERS
Murapol S.A.
Dom Development S.A.
Hammak
Urba Sp. z o.o.
These developers are known for their significant contributions to Wroclaw’s real estate landscape, with projects ranging from residential and commercial buildings to mixed-use developments and office complexes. Please contact us if you want to learn more about these development companies and their projects. We offer impartial guidance and consultation services for foreign investors navigating the local real estate development market.
✔ We provide an extensive assessment of all interior and exterior spaces.
✔ Highlight any issues in the property that fall short of the warranty standards
✔ Highlight any breaches of building regulations or any other statutory technical guidance
PUBLIC TRANSPORT
Trams: Kraków’s tram network is one of the largest in Poland, covering most parts of the city. Trams offer frequent service and reliable connections to critical areas, including the city centre, residential neighbourhoods, and tourist attractions.
Buses: The city’s bus network complements the tram system, providing additional coverage to areas not served by rail. Buses operate on various routes (Timetable), offering convenient transportation options for commuters and travellers.
Night buses: Kraków offers a network of night buses that operate in the late evening and early morning, providing transportation for those out and about after regular service hours.
Ticketing: Kraków’s public transport system operates on a unified ticketing system, allowing passengers to use the same ticket for trams and buses. Tickets can be purchased at ticket machines, kiosks, and selected shops throughout the city.
Use Jakdojade, Kraków’s online route planner.
Bike-sharing: The city offers a bike-sharing program called “lajkbajk,” providing rental bikes at various stations across the city. This eco-friendly mode of transport is popular among residents and visitors for short trips around Kraków.
Taxis and ride-sharing: Taxis are readily available in Kraków and can be hailed on the street or booked in advance. Additionally, ride-sharing services like Uber and Bolt operate in the city, providing another way to get around.
KRAKOW AIRPORT
Krakow Airport, officially known as John Paul II International Airport Kraków–Balice is one of Poland’s key aviation hubs. It has nonstop passenger flights scheduled to 122 destinations in 32 countries. At present, there are six domestic flights from Krakow.
Kraków Airport is only 15km from the city centre and is usually easy to get to. The journey takes less than an hour, especially if you travel by private transfer, taxi, or train.
How to get to the Kraków Airport. Use this guide>
Exploring Investment Prospects in Krakow.
Investing in Krakow offers a combination of economic stability, innovation, and cultural vibrancy, making it an attractive destination for investors seeking long-term growth and prosperity.
Real Estate Market:
Krakow’s real estate sector thrives amidst a rising demand from local and international investors. The city’s Old Town, Kazimierz, and Podgórze areas, renowned for their historical allure, beckon with promising opportunities in residential and commercial properties.
Technological Advancements:
As a burgeoning tech hub in Central Europe, Krakow attracts a wave of startups, tech enterprises, and skilled professionals. Investment prospects in IT, cybersecurity, biotechnology, and software development flourish within the city’s nurturing innovation and entrepreneurship ecosystem.
Industrial Expansion:
Krakow’s industrial prowess expands with robust manufacturing, automotive, and aerospace sectors. With strategic investments in infrastructure and workforce development, Krakow emerges as a sought-after destination for industrial ventures, including manufacturing plants and logistics hubs.
Free comprehensive PDF published by: https://businessinmalopolska.pl/
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