Government to build apartments on PKP land

The government is initiating a program to build cheap rental apartments all over Poland using land owned by PKP and other state agencies. RFM FM reported on Wednesday that the Ministry of Infrastructure and Construction wants to rent out these newly-built apartments for 20-30 years to people who will then have the option to purchase them. The measure is designed specifically for citizens who are not very wealthy, and who otherwise would not be able to secure the mortgage needed to buy their own apartment. Part of their rent payments will count directly toward the apartment purchase cost, easing the financial burden on the citizens. The price per square meter of these apartments is meant to be in the range of 2000 to 3000 PLN per square meter. Construction of these apartments is scheduled to begin in 2017.