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Why is it worth to buy apartments now?
Significant fall in the pace of sales visible in the second part of 2008 resulted in a substantial decrease in the real prices of apartments. Not only was it due to a cut of offer prices but mainly because of the numerous possibilities of price negotiations and additional promotions. Currently the cost of new apartment in Warsaw is on average by about 23% lower than it used to be half a year ago. Simultaneously, we are observing limited number of new projects entering the market which means that the currently available supply of flats is to a much lower extent enlarged by new investments. Limited number of new apartments together with the continuous sale of the most attractive flats will result in a slow decrease in the number of flats available in Warsaw. Therefore, for those who are planning to buy a new apartment now there is a favourable moment to make a decision as the possibilities of choice are still broad and the level of possible discount remains high.
To make a right choice one should take into account the relation between the quality and standard of an apartment and its price. Sometimes it is possible to buy a flat of a higher standard for the price of a popular one. A good example of such bargains are the apartments in the currently raised projects in Wilanów. According to the plans the districts will become a very attractive residential area but nowadays due to large supply and poor situation on the real estate market the prices of apartments located there significantly fell and taking into account the high standard of those project one may make a very attractive purchase there. The buyers should avoid apartments in overvalued areas where prices in spite of economic situation still remain extremely high.
FOR WHOM IS THE SEMINARY?
The programme of seminary is prepared for the people planning to buy an apartment in Warsaw in the near future. Interesting information will be available to all the observers of the real estate market who prepare themselves for a purchase and those who still haven’t made their minds on where and how to search for a new apartment.
PURPOSE OF THE SEMINARY:
The seminary is aimed at answering the question „Is it a good time for buying an apartment in Warsaw?” with the presentation of the best locations and shortest ways to a successful purchase. The seminary will be led by experts of redNet Consulting. Where to serach? How to speak with the developers? What are the possibilities of obtaining a mortgage loan? To whom is directed the government programme “Rodzina na swoim”? Those questions will be answered by the specialists of residential market and credit policies of banks.
FREE EXPERT ADVICES
After the seminary there will be prepared several information points including:
Our experts will give their advices and consult clients’ choices for free and answer individual questions of the attendees.
We warmly invite you to tale part in our seminary. Several years of experience in organizing events such events (residential fairs, conferences, etc.) as well as the substantial knowledge of redNet Property Group experts guarantee the highest quality and usefulness of this meeting.