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Valuation

Buying a flat in Katowice?

· Buying property ·

Text from 2016. Laws, rates and prices may have changed since then. Ask an agent

Buying a flat in Katowice? Find out what affects its price!

Flats in Katowice differ in price. Depending on floor area, location and year of construction, the value of individual properties can vary enormously. In this article I will take a closer look at the two factors that most affect the price of a flat in Katowice and explain why this is so.

Location

This is one of the most important factors, one that has a decisive influence on whether a given property quickly finds a buyer or not. Hence, to a large extent the value of a flat depends precisely on its location.

It is not only a question of whether the property is located in the centre or rather on the outskirts of the city. Above all, what is taken into account is the distance of the building from key places in the city, that is shops, workplaces, schools, universities, offices etc. In addition, it matters whether the area is well connected and, for example, whether it is easy to get from there to another place.

Statistically, flats located a little further from the centre are cheaper, although daily commuting may prove too tiring in the longer term. On the other hand, a flat on a busy street will not necessarily satisfy everyone. This example shows that both places have their drawbacks as well as their advantages.

Opinions on whether a given district of Katowice is safe also matter for the price. It also matters whether the district is green enough and whether it is close to parks, recreation centres etc. That is why flats in industrial districts are usually much cheaper.

Features of the flat

Of course, besides location, the price also depends on the parameters of the flat. The cheapest flats are those on the secondary market situated on the ground floor, while the most expensive are those on the first or second floor. Naturally, the total floor area of the flat is important here too.

Another thing that affects the price is the characteristics of the building in which the flat is located. What matters is when and from what material it was built, and whether it is in good technical condition. In addition, you should note whether the building has a lift and whether the individual flats have a balcony.

Quite an important matter is how the rooms in the flat are arranged, whether they are “walk-through”, whether they give the impression of being large or rather small, and how many there are. Moreover, such “details” as the windows can also affect the price. If they face the street, the value of the flat may turn out lower than we initially assumed, because during a viewing buyers may worry that the flat will be noisy and more exposed to pollution etc.

There are many factors that affect the price of a flat in Katowice. The value of a property does not depend only on the floor area we plan to buy, but also on the external surroundings. That is why I recommend thoroughly researching the area in which you plan to buy a flat, because in the long run it may turn out that you overpaid and, instead of making a profit, unfortunately lost money. This is a fairly common phenomenon, but knowledge and the help of experienced specialists should protect you from making mistakes.

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