More and more foreigners buy apartments in Poland

upday.com 2 months ago
Zdjęcie: fot. Darek Delmanowicz/PAP


Foreigners buy real property for cash. Most popular in Warsaw, Krakow and Wrocław - informs Friday "Rzeczpospolita".


The sale of apartments purchased in Poland by foreigners is increasing. Last year a evidence number of transactions was made – 17 330 with a full area of 1 008 409.75 sqm. A year earlier – Over 14,000. - said "Rzeczpospolita".

Foreigners wanted to buy apartments in large cities, specified as: Warsaw (3535), Kraków (1523) and Wrocław (1491).

In 2023, the acquisition of premises by foreigners represented about 6 percent of the marketplace share of sales. "Given the fact that sales fell in 2024, the share of foreigners as buyers may have increased to just over 10%," said Ewa Palus, the main analyst of the Real property Offer portal.

These cities are chosen by foreigners

"Most premises (residential and utility) according to the area foreigners purchased in voivodships:

  • Masovian (508 133.89 sq mi),

  • Lower Silesian (216 377.70 sq mi)

  • Lesser Poland (123,837.27).

Analysis of data from fresh years shows that definitely Warsaw is the city in which foreigners are most eager to get their premises,” according to the information provided by the Ministry of abroad Affairs to the journal.

Who buys apartments in Poland?

Statistics show that the most apartments they bought UkrainiansBut a lot besides Belarusians, Russians, Indians, British, Vietnamese. Mean area 58.31 m2.

"The foreigners are most eager to buy apartments for investment, in fresh settlements. They want to make money due to the fact that Poland is simply a developing and future market. Although there is besides a large group of foreigners who have come here, they live for a while, they want to settle here and so decide to buy an flat for themselves," explained Patrick Piet, elder agent in Hamilton May.

Foreign investors usually buy apartments (also wholesale) For cash, no credit.

"They think it's inexpensive in Warsaw, due to the fact that in Kiev, especially before the war, it was more expensive. Especially that the emigration of war from Ukraine, which came to Poland after 24 February 2022, is simply a mostly mediate class of good material status" - said Patrick Pieta.

PAP

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