Lodz is the third largest populated city in Poland, with 700,000 inhabitants. It's located centrally and is around 45 minutes from the capital city by car and in 2017, the city of Lodz underwent a severe urban development process, renovating almost every corner of the city centre.
Thanks to the geographical location of the city in central Poland, Lodz has in recent years become one of the most desirable development destinations and is the most important transport centre in the country. The government established the Polish Central Railway Terminal in the city of Lodz and is a critical axis both in connection with the main cities of the country and in connecting Poland with other European countries.
With national and European investment, Lodz is undergoing gentrification and redevelopment to become another leader in technological, scientific and service-based industries.
Lodz property prices are still cheap compared to prices in Warsaw, despite the fact that the geographical distance between them is not great. An advantage of investing in Lodz is the possibility of investing in the heart of the city at prices significantly lower than the City of Warsaw, while still enjoying high rental yields. The city benefits from excellent transport links, connecting both the residential and commercial districts.