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Krakow-The Hidden DesiresGCFPROPERTIES IN ASSOCIATION WITH INVESTPOLSKAThe Hidden Desires Prices awaiting release Expected April Krakow Krakow used to be the capital of Poland and it is now called the cultural capital. It is serviced by excellent travel links and is easily accessed from the UK via its international airport at Balice. The airport has daily direct flights to and from the UK as well as many other airports from around the world. The city also benefits from important European railway junction with a regular and reliable train service. Road links are excellent and the city is well connected to the main Polish and European motorways. A large number of hotels, guest houses and restaurants provide service for a rapidly increasing number of visitors to the city. Krakow is a very historical city which retained its medieval lay out and has been home to the famous Jagiellonian University for over 600 years. Having the oldest university in Poland and one of the oldest in Europe Krakow is a well known academic city, offering students a wide range of higher education options. In 2005 the impressive number 192 000 students of which nearly 9 000 international attended private or state funded universities and collages. The city is also enjoying the influx of young professionals attracted by international companies investing in Krakow and surrounds including: TESCO, BP, Motorola, Delphi, Capgemini, Phillip Morris International, International Paper, Price Water House Coopers, IBM, MAN and Shell. These two factors make this picturesque city in the south of Poland an ideal investment opportunity. Development Modern residential complex of 6 buildings by the name of "The Hidden Desires" distinguishes with attractive, modern architectural form. The whole complex was designed to the last detail. The leading idea of the project was to create the feeling of comfort and satisfaction for the residents. Safety, functionality and high finishing standard as well as the excellent location are the main features of the Hidden Desires.The project also offers functional flat layouts varying in size from 38 to 141 square meters. The option of combining flats in a vertical or horizontal manner is available on request. Due to the convenient public transport, all amenities placed within walking distance, direct proximity of city centre and abundance of city parks this location offers very good rental and re-sell potential. Factors contributing to the attractiveness of the Hidden Desires complex: - fenced area with 24 hours concierge - large balcony or terrace included in the price of each apartment - parking spaces and underground garages available (the total number parking places is higher than the number of apartments) - modern panoramic lifts operating inside light spacious staircases - large windows – light interiors - landscaping - walking paths and playgrounds - closet included in the price of each apartment (ground floor carriage closets in buildings A and B available on request) Location The Hidden Desires residential complex is located in Krowodrza district, which is now the 2nd fastest growing Krakow district in terms of real estate value after the Old Town. It is just 1200 meters away from Nowy Kleparz, the famous Krakow outdoor market. Due to 4 main tram lines and numerous bus routes the area enjoys a perfect connection with the Old Town as well as with other parts of the city. Although the journey to the centre takes no more than 10 minutes, the area is still self-sufficient in terms of shops and numerous facilities including nearby schools, kindergartens, medical surgeries, churches etc. The future residents of The Hidden Desires will also benefit from the adjacent city parks, recreational areas and bicycle paths. Standards Specifications:
Typical floor plan Modern and friendly place to live Completion Building B 4th quarter 2007 Buildings C,D 1st quarter 2008 Buildings A, E, F before the end of 2008 (planned) Price and availability Building B 163 apartments sold out Buildings C, D 82 apartments sold out Buildings E, F 41 apartmets each phase Expected April Price range: TBC Previous price range from 5000 PLN to 7000 PLN per 1m2 (from 42 000 to 180 000 GBP ) Additional costs: · Electricity connection · Register of deeds · Notary fee · Costs of mortgage if applicable In total not exceeding 3% Financial Payment Schedule
Polish Mortgage Loan to Value: Up to 80% of Property Purchase Price. Repayment Analysis: Assessment based on borrower’s confirmed income. More details available on request. We arrange mortgage meetings with the banks. Legal Conveyance Normally lawyers are not used in Poland in residential property transactions. Notary Publics oversee all aspects of the purchase agreements. However, since many of our buyers are based in the UK or Ireland, and would like to have an English speaking lawyer safeguarding their interests. Contacts are available on request. Purchase Costs and Taxes - Legal Conveyance For each apartment purchased, the conveyance fee is approximately 1700 PLZ + VAT. - Notary Fee Depending on the unit, the notary fee may differ from 1800 up to 4500 PLN+ VAT. - Court Fees Court fees are approximately PLN 460 per unit - Cost of finishing Depending on the size of the apartment and the chosen standard - Cost of mortgage if applicable Varying between the banks usually approximately 2% - Electricity connection if applicable - Cost of sworn translator We provide our clients with the detailed total price calculator which allows to work out the total price for the apartment of your choice. Buying procedure: To buy one or more of these apartments is very a straight forward process. Here is how it works!
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