Foreigners buy flats in Poland. “For cash, take over the market”


Foreigners especially They liked large cities, where the most such purchases take place. Last year, 3535 premises were bought in Warsaw, in Krakow 1523, and in Wrocław 1491.
According to Rzeczpospolita, in 2023 the acquisition of real estate by foreigners had About 6 percent participation in the total apartment sales market in Poland. Ewa Palus, the main analyst of the Real Estate Tablaofert portal, told the newspaper: “Considering the fact that sales in 2024 fell, The participation of foreigners as buyers could increase to a level of just over 10 percent. “
Data provided to the daily by the Ministry of the Interior and Administration indicate that the most apartments were bought by foreigners in the provinces Mazowiecki (508,000 sq m), Lower Silesian (216,000 sq m) and Lesser Poland (123,000 sq m). The analysis carried out by the Ministry of Interior and Administration also shows that Warsaw remains a definite leader among the locations chosen to buy real estate by foreigners.
The data shows that Ukrainian investors can boast the largest share on the domestic market. Nevertheless, they buy a lot of apartments Also Belarusians, Russians, Hindus, British and Vietnamese. The average area of the property they buy is 58 sq m.
“Foreigners are most likely to buy flats for investment, in new housing estates. They want to earn on it, because Poland is a developing and future market,” explained “Rzeczpospolita” Patrick Pieta, a senior agent at Hamilton May. He added that Some foreigners buy real estate with the intention of permanent residence in Poland, when they have already settled for longer.
Foreigners Most often they buy apartments for cashapart from mortgage loans. Patrick Pieta pointed out that many buyers perceive prices in Warsaw as favorable.
“They believe that it is cheap in Warsaw, because in Kiev, especially before the war, it was more expensive. The more that war emigration from Ukraine, which came to Poland after February 24, 2022, is largely a middle class with good material status,” said Pieta.




