The three-phase Novum Apartments development is very popular among investors and tenants.
One of the evidence of the popularity of this residential complex is the multi-unit sales deal we conducted between a developer and a foreign investment fund, which we have written more about here.
What factors make the success of the investment?
Novum Apartments is a complex of elegant, modernist buildings with spacious, green inner courtyards and extensive greenery on the roofs. There are also two levels of the underground car park and storage rooms.
The location plays a key role here. Rakowicka street is the very centre of the city, well-communicated with other parts of Krakow and characterized by a very well-developed infrastructure. At the same time, the street is separated from the main communication routes creating a peaceful enclave. Rakowicka is a charming tree-lined avenue – a perfect place to start a walk or a bike ride to the nearby Strzelecki Park or the Botanical Garden.
There are modern office investments in the area of Pawia street nearby, as well as one of the largest commercial projects of the city – Unity Tower, in place of the legendary “skeleton”. In the immediate surroundings, there is the Main Railway Station, Galeria Krakowska and the campus of the University of Economics. It takes no more than 10 minutes to walk to the Old Town.
In addition to the proximity of the centre, the advantage of this location is convenient communication with other parts of the city. Besides, the proximity of the PKP railway station ensures efficient access to Krakow Business Park and the Balice airport. The ease of travelling around the city, country or abroad, which is guaranteed by the Novum location, is a frequently highlighted asset of the investment, which fits both the tourist character of the Old Town and the business significance of this part of Krakow.