A new stage for the Polish real estate market

The Polish real estate market is gradually emerging from its period of caution and is once again experiencing rapid growth. Experts are increasingly predicting that the coming years could be one of the largest construction periods in decades.

The reason is the massive investment in infrastructure, new residential complexes, roads, logistics, and commercial real estate. All of this has a direct impact on the housing market.

After a difficult period with high interest rates, the market is gradually recovering, and banks are starting to issue mortgage loans more actively.

Why the market may rise again?

Now several important factors have come together at once.

Lower rates and improved mortgage terms

Banks are becoming more open to customers, and mortgage is gradually becoming more accessible to both Polish citizens and foreigners.

Many banks have already seen noticeable improvements:

• lending terms,
• income requirements,
• approach to foreign clients,
• calculation creditworthiness.

Housing shortage in large cities

Despite the large number of construction projects, Poland still experiences a housing shortage, particularly in:

• Warsaw,
• Krakow,
• Wroclaw,
• Gdansk,
• Poznan.

Demand remains high due to:

• migrations,
• population growth,
• business development,
• increase in the number of foreign workers.

Large-scale investments in the economy

In the coming years, Poland plans to invest billions of dollars in:

• transport,
• energy,
• railways,
• logistics,
• new residential areas.

Historically, such periods almost always lead to increased activity in the real estate market.

What will happen to apartment prices?

The market now appears calmer than it did during the "Bezpieczny Kredyt 2%" program. Buyers have become more cautious, and developers are offering discounts and promotions more often.

But many analysts believe that if demand recovers, prices could begin to rise again.

This is especially true for:

• good locations,
• new houses,
• apartments near infrastructure,
• real estate with good transport accessibility.

Why are foreigners increasingly buying property in Poland?

For many foreigners, Poland has already become a country to live in, not just a temporary job.

People buy apartments:

• for myself,
• for the family,
• for rent,
• as an investment.

Those who are particularly interested in the market are:

• Ukrainians,
• Belarusians,
• citizens of the CIS countries,
• IT specialists,
• entrepreneurs.

Mortgages for foreigners – what's important to know?

Many people think that they can get mortgage for a foreigner It's very difficult. In practice, a lot depends on:

• correct preparation of documents,
• choosing a bank,
• type of income,
• credit history,
• residence cards.

Different banks have different attitudes towards:

• umowa o pracę,
• umowa zlecenie,
• JDG,
• income from abroad,
• work experience,
• citizenship.

That is why it is better to check in advance before buying a property. creditworthiness and understand which banks are suitable for your situation.

Is it worth buying real estate now?

Each situation is unique, but buyers now have several advantages:

On the market you can still:

• bargain,
• choose from a large number of apartments,
• compare offers calmly,
• get good terms from banks.

When the market picks up again, good properties will start selling much faster.

Assistance with purchasing real estate and mortgages in Poland

I help:

• choose an apartment or house,
• check the property,
• get a mortgage for foreigners,
• calculate creditworthiness,
• choose a suitable bank,
• go through the entire purchasing process until you receive the keys.

I work with both the primary and secondary real estate markets.

More information: rutkowskihome.pl

If you want to know how much of a mortgage you can expect, contact me and I will pre-screen your situation for free.