Budmax announces new developments
Total cost of the project is around zł.8 million, with construction scheduled for completion at the end of 2006.
The apartments, which range in size from 35 to 60 sqm, have already attracted foreign investors' interest, with a third of the properties currently in non-Polish hands.
"We prepared a business plan especially for them," says Magdalena Banyś, from Biuro Centrum-Nieruchomości, the agent for the development. "After the investors got acquainted with it they decided that the investment is viable. They are going to equip the apartments with furniture and then rent them out."
This is not the only project on Budmax's books, and although foreign money is welcome, Budmax is targeting Wrocław businesspeople as well as companies that need accommodation for employees with its Osada Gencz development.
The project consists of 1,000 living spaces on 56 hectares of land in Komorowice in the Żórawina district, four kilometers from Wrocław. These include exclusive residences on 3,000 sqm of land, one- and two-family homes and about 500 apartments, from 60 to 100 sqm.
Construction will begin in Q3 this year, with the first stage scheduled for completion at the beginning of 2006. Apartment prices range from zł.170,000 to zł.300,000, with house prices varying from zł.380,000 to zł.580,000.
"We will put the estate to use fully completed, with monitoring, full infrastructure, internet access, its own clinic and service centers," says Mariusz Wróbel, Budmax's marketing director. The company will invest about zł.500 million.
L.M.
The apartments, which range in size from 35 to 60 sqm, have already attracted foreign investors' interest, with a third of the properties currently in non-Polish hands.
"We prepared a business plan especially for them," says Magdalena Banyś, from Biuro Centrum-Nieruchomości, the agent for the development. "After the investors got acquainted with it they decided that the investment is viable. They are going to equip the apartments with furniture and then rent them out."
This is not the only project on Budmax's books, and although foreign money is welcome, Budmax is targeting Wrocław businesspeople as well as companies that need accommodation for employees with its Osada Gencz development.
The project consists of 1,000 living spaces on 56 hectares of land in Komorowice in the Żórawina district, four kilometers from Wrocław. These include exclusive residences on 3,000 sqm of land, one- and two-family homes and about 500 apartments, from 60 to 100 sqm.
Construction will begin in Q3 this year, with the first stage scheduled for completion at the beginning of 2006. Apartment prices range from zł.170,000 to zł.300,000, with house prices varying from zł.380,000 to zł.580,000.
"We will put the estate to use fully completed, with monitoring, full infrastructure, internet access, its own clinic and service centers," says Mariusz Wróbel, Budmax's marketing director. The company will invest about zł.500 million.
L.M.
