Property for Sale in Poland

Location, climate, and economy

Poland (officially Republic of Poland) is a country located in the central part of Europe.

The climate is transitional from maritime to continental, with mild winters and warm summers (in the mountains, winters are cold and summers are cool). Average temperatures: January - from 0 to -6°C (in the mountains - up to -10°C), July - up to +20°C (in the mountains - +10°C).

Poland's economy is socially oriented, growing steadily over the past 30 years, which is the best result among the EU countries. The country has the following developed industries: machine-building, metallurgical, clothing, chemical, production of cement, porcelain, faience, sporting goods, and furniture. Meat, dairy, fish products are produced; beekeeping is cultivated; sugar beets, potatoes, cabbage are grown, apples, strawberries, raspberries, currants, garlic, and onions are exported. Much attention is paid to tourism in the country. There are many well-known resorts in Europe that are located here. Historical places are very popular as well.

Market and real estate prices in Poland

The housing market continues to grow, a lot of new buildings are being built at a quick pace. Customer reviews confirm that the primary property complies with European building standards. Nevertheless, demand is also growing, mainly due to the arrival of Belarusians and Ukrainians. The Poles themselves are also willing to invest in the new buildings. The choice of secondary real estate is also quite diverse. Due to the unstable world economy and the emergence of new investors, the commercial real estate market (insurance companies, pension funds, etc.) has become much more competitive. When buying, you can bargain, and, as a rule, the seller makes concessions (average 10%). The most valued housing is in old, well-renovated stone buildings in historical locations. The cost of real estate in Poland is affected by the quality of repairs. It is advantageous to buy directly from developers in the initial stages of construction, when they are trying to attract investors by offering various promotions. Secondary market offers prevail in small towns. Cottage-style houses are widespread. For the most part, they are not very large in area.

 Estimated price of real estate in Poland (per sq. m):

• residential building - 1700 USD,
• commercial building - 500 USD,
• land plot - 50 USD,
• apartments on the secondary market - 1900 USD,
• apartments in a new building (black frame condition) - from 640 USD.

Property types for sale

Polish law distinguishes between the following types of real estate: a separate room in a building, property with a plot of land (a house or part of a building that can actually be a house, such as a townhouse), and plots of land.

Real estate website in Poland (full catalog)

It is safer to use the information of experts and follow their recommendations. Investor and buyers can get much help on GEOLN.COM real estate website, where there are many objects for sale.

Buying property in Poland: the nuances of choosing for investment

Investment in housing for rent will provide a yield of 3-5% per annum, in commercial real estate - 7-10%. For subsequent leasing, it is more profitable for legal entities to purchase real estate in large cities. In some cases, it is necessary to obtain permission from the Ministry of the Internal Affairs (it is recommended to consult a specialist).

Buying property in Poland is beneficial for a stable income from renting out, living in an EU country with a developed economy and a fairly high standard of living.