Appraisal of townhouses in Cracov

Appraisal of townhouses in Cracov

In Cracov there are still a large percentage of  townhouses with unsettled legal status. The period of 2010-2015 saw a growing number of contracts of sale of townhouses, after a period of decline.

Tenement houses have always been recognised as a separate market segment of real estate investment, because it has got its own dynamic supply and demand. This market is strongly correlated with the commercial and housing market. There are some attractive enclaves of townhouses in Cracov: the City Center,  Kazimierz district and the shopping streets such as: Stradomska, Zwierzyniecka, Karmelicka, Długa and Lubicz. Pawia street – is belived to be the most expensive commercial street in the city. This street is located next to the Central Railway Station. The prices around that area have been rising rapidly for several years. The increase in prices also applies to properties located in the vicinity of Wawel Castle.