We buy property in Poland

Published by Nikoloz on

Number of Ukrainians, wishing to buy property in Poland, grows every year. If you are one of these, then the real estate and construction company PolHome will help you with this. House prices today, land plots and apartments in Poland quite moderate compared to European or Asian countries, but, as an everywhere, there is an upward trend.buying a house in Poland

About the Polish real estate market

The state of the real estate market in Poland and the problems of acquiring various real estate objects are of great concern to many foreign investors today. After the three-year Polish crisis (2006-2009 years) official data tells us that, that the real estate market in the country began to revive and develop. This was facilitated by the following:

  • firstly, Poland's accession to the European Union in 2004, and in 2007 - to the Schengen zone, what created the necessary airbag for the country, allowing her to endure the crisis much easier, than expected;
  • Secondly, the hosting of the football championship "Euro-2012" also contributed to a noticeable revival of the market;
  • third – the consequences of the Ukrainian Maidan in 2014 flooded the country with cheap labor, pushed out of Ukraine by reforms, and thus it was necessary to build a lot of housing for the workers to live (the number of labor migrants from Ukraine to Poland since 2014 has grown since 300 000 to 1,5 million).

Such changes in the country have become interesting for investors from other countries., who began to invest massively in various real estate in Poland, reviving the real estate market quite strongly.

A particular increase in investment was noticed in the western regions of Poland, there, where is the border with Germany located?. The West of Poland has always been the most expensive and prestigious area. Housing prices began to gradually increase and stabilize, which indicates reliability for foreign investors.

Old Polish cities: where to buy residential property?

Old Poland is far from a provincial medieval land, but quite a modern country, which resembles France or Germany in their regions more, than other Slavic countries. Most of the territory of Poland is a well-groomed and developed place with excellent infrastructure and ample opportunities for resort holidays., and for doing business, and for education.

Old cities have some interesting differences from a professional investor's perspective.

  • Firstly, there is great potential for property value growth, as in all historical regions of the world. This is especially true of the Old Town in any such modern administrative center.. Tourism potential there is already actively used, and you can earn from it, eg, for short-term rentals or office rentals for tourist, or other companies serving the flow of tourists.
  • Secondly, serious European business, operating in Poland, prefers not to concentrate in Warsaw, namely in such old cities with great economic historical opportunities. Here you can make great money, and get a lot of opportunities for rapid business development and investment in the European economy.

Three cities to choose from

  1. Krakow. The old capital of Poland throughout its long history. One of the largest historical tourist centers in Europe with a completely preserved Old Town - the center of festivals, holidays, constant daily work of historical reconstructions. As well as the largest transport hub, logistics center and center of economic interests of the elites of the southern part of Poland. Near the Old Town prices will be very high, and getting a place to live or an office can be hard. A little further, in normal areas, bustling business life, and prices are lower.krakow old town
  2. Gdańsk. The largest port and shipbuilding center not only in Poland, but, now all over Europe. The most interesting area in terms of real estate of any type is the port, after all, it was the center of life in the city for centuries, even when this city was part of the Hanseatic League of free trading cities of Northern Europe.Gdansk old town
  3. Wroclaw – one of the oldest trading cities not only in Poland, but all of Europe, which maintains its role as an important economic center, as well as the very similar Lodz. However, in Wroclaw the current cost of high-quality investment-attractive housing is noticeably lower, but the prospects for growth in its value are higher.Wroclaw old town

Output

Is it worth investing in Polish real estate? – it's up to you. But worth noting, that this is a profitable solution. After, how Poland became a full member of the European Union, the country is experiencing stable economic growth. This makes the country attractive for local and foreign investors.. It is also worth noting the fact, that real estate – this is one of the most reliable types of investment: because it only gets more expensive over the years.

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