Investment Property in Katowice

Investment Real Estate in Katowice

Katowice property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Katowice .

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Search Map of Katowice Investment Real Estate

Katowice ( KAT-ə-VEET-sə, KAHT–, Polish: [katɔˈvitsɛ] (listen); German: Kattowitz) is an industrial city situated in the Silesian Region of southern Poland, and the central city of the Upper Silesian metropolitan area. Established in 1865, it is the 11th-most populous city in Poland, while its urban area is the most populous in the country and 21st-most populous in the EU.

As of December 31, 2019 estimate, Katowice has a population of 292,774. Katowice is a member of the Metropolitan Association of Upper Silesia and Dąbrowa Basin, with a population of 2.3 million, and a part of a larger Upper Silesian metropolitan area that extends into the Czech Republic and has a population of 5-5.3 million people. Katowice is a center of commerce, business, transportation, and culture in southern Poland, with numerous public companies headquartered in the city or in its suburbs, important cultural institutions such as Polish National Radio Symphony Orchestra, award-winning music festivals such as Off Festival and Tauron New Music, and transportation infrastructure such as Katowice Airport. It also hosts the finals of Intel Extreme Masters, an Esports video game tournament. In 2015, Katowice joined the UNESCO Creative Cities Network and was named a UNESCO City of Music. Katowice is also home to a few major universities, with approximately 80,000 students attending.

Throughout the mid-18th century, Katowice developed into a village following the discovery of rich coal reserves in the area. In 1742 the First Silesian War transferred Upper Silesia, including Katowice, to Prussia. In the first half of the 19th century, intensive industrialization transformed local mills and farms into industrial steelworks, mines, foundries and artisan workshops. Following Germany’s defeat in World War I and the Silesian uprisings, Katowice and parts of Upper Silesia were annexed by the Second Polish Republic. The city became the capital of the autonomous Silesian Voivodeship. In 1939, after the Wehrmacht seized the town, Katowice and the provinces were incorporated into the Third Reich. The town was eventually liberated by the Soviet army on 27 January 1945.

In 2020, the city is classified as a Gamma – global city by the Globalization and World Cities Research Network and is considered as an emerging metropolis. The whole metropolitan area is the 16th most economically powerful city by GDP in the European Union with an output amounting to $114.5 billion.

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The financial stability of Katowice has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Katowice

Renting out your Katowice buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Katowice are – preparation is key.

Set goals based on how much rental yield will be required and the local rental yield rates in Katowice and be prepared to change your initial outlook.
Thoroughly research the Katowice location with a special emphasis on fringe areas outside the main Katowice metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Katowice.
Ensure that your target investment property in Katowice appeals to professionals. This is a demographic that ensures maximum income and low voids.
Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
You may think that managing your Katowice properties yourself is an easy option, but are these savings justifiable when you run into Katowice red tape? Physis Realty Katowice office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Katowice buy-to-rent sector.

With our expert guidance, investing in Katowice provides the secure knowledge that your money is working harder than it would in a local Katowice bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Katowice, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Katowice property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Katowice

Flipping property in Katowice

Flipping property is when we advise clients to buy a Katowice property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Katowice market has a time to react to the renovation.

The Flipping Strategy in Katowice

Investment property flipping in Katowice is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Katowice real estate investments are sometimes referred to by professionals as ‘distressed’ Katowice real estate.

What is distressed Katowice property:

Katowice property in need of renovation
Katowice real estate with a change of purpose and use
Oversold Katowice property
Bank repossessions in Katowice

Put simply, long term investors in Katowice purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Katowice investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Katowice property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Katowice use a minimum profit value of 22% when looking at potential Katowice projects. The reason for this is because there are lots that can go wrong in Katowice property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Katowice

For luxury property investors hoping to add a superb property in Katowice to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Katowice, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Katowice should be entrusted to only the highest-quality agency.

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