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Want to buy a house in Tychy? Property market analysis

· Updated · Buying property ·

Text from 2019. Laws, rates and prices may have changed since then. Ask an agent

property market in Tychy

Tychy is a medium-sized city in the Silesian Voivodeship. Its population has hardly changed since 1995 and hovers around 130,000. The city is characterised by very low unemployment, at around 5%, based on the property market report for Tychy for 2014. Tychy lies at the intersection of the international Warsaw-Vienna route (in Tychy this is ul. Beskidzka / DK 1) and the Opole-Kraków national road (ul. Mikołowska and Oświęcimska / DK 44). The A4 motorway passes 12 km from Tychy.

The primary market in Tychy

In recent years Tychy has become one of the more attractive places for developers, which has meant that several larger housing estates have appeared on the market or are being built, the largest of which are Apartamenty Łabędzie, Łabędzie Park (under construction), Osiedle Żwaków and Osiedle Cztery Pory Roku, and several more are at the design stage.

The secondary market in Tychy

Statistics Poland (GUS) estimates the secondary market at around 50,000 residential units, of which about 45% belong to housing cooperatives. Many of them were built between 1950 and 1970 and have not been modernised since. Only in recent years has the modernisation of blocks of flats gradually got under way. The blocks that have been modernised so far have significantly improved in standard. That is why, when searching for listings of flats for sale in Tychy, it is worth checking whether the block has been modernised in recent years, and if not, when such work is planned.

A handful of statistics

The average price per sq m of a flat in Tychy is about 3,738 PLN, and of a whole flat 202,557 PLN. The average area of a flat sold is 54 sq m. In the case of houses, the price per sq m is 3,180 PLN, and the average price of a house in Tychy is 640,788 PLN. The average area of a house for sale in Tychy is about 208 sq m. Judging by the number of listings on property websites, there are 309 flats available to buy, and 89 houses have been listed for sale. It is also worth noting the limited supply of flats to rent, of which there are about 50, with an average advertised rent of 1,673 PLN per month.

Looking for help selling property? REMAX Gold is a good choice! See what our estate agency in Tychy has to offer.

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