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Locations - Warsaw

Capital of hidden gems

Poland’s capital is the country’s largest and most developed property market. On first appearances it is not the most visually appealing of cities, having been almost completely obliterated during World War II and rebuilt predominantly in the uncompromising and stark communist style of architecture. It is a city that rewards patience, however, and time spent exploring reveals lots of hidden joys – old architecture which survived against the odds, museums, palaces, churches and parks.

Most popular with investors

Warsaw is by far the most popular location for investors, and it has two distinct markets – the local and the expat. It is the corporate centre of the country and a springboard for companies expanding into Central and Eastern Europe. Some observers estimate that Warsaw could become the sixth most important European capital within five years at current inward investment rates. It therefore has the largest market for corporate lets, the highest competition for good accommodation, and is achieving the best rents and the highest capital appreciation of any city in the country.

Expats boost rental market

The inward investment of the last few years has been good news for the rental market. Yields of around 7 – 9% can be expected from overseas renters and corporate clients who are willing to pay for quality accommodation. Expats who have relocated to Warsaw to work for foreign companies that are investing there are paying good rents because they are earning Western wages, and want units that are a similar standard to those they have at home.

Expanding population

Polish demographics favour Warsaw in a big way. There is huge demand for housing because the city’s population is forecast to increase by 100,000 people per annum, and expected to double over the next ten years. Urbanisation is occurring at high levels in several Polish cities and Warsaw currently has only 5% of the country’s population – an unusually low figure for a capital city.

Middle class demand

There is a rapidly expanding increasingly urban Polish middle class with Western aspirations. They want to live in modern accommodation, rather than the deteriorating communist-era housing that makes up approximately 70% of the current housing stock. It is estimated that there are up to five potential local buyers for each new-build apartment completed. This means that if you are successful in getting your hands on a suitable property, finding a regular and reliable source of rental income shouldn’t be a problem.

Related items

Documents and Reports

	Poland property investment report (420Kb)
	Poland property guide (1Mb)
	Poland country guide (941Kb)
Documents and Reports

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