Ukrainians bought a record number of properties in Poland: what is happening.

Foreigners are actively buying real estate in Poland

In 2024, foreigners set a record in the Polish real estate market, purchasing 17,330 apartments with a total area of over one million square meters. This is 3,000 more than the previous year. This information is presented by the Polish publication 'Rzeczpospolita'.

Ukrainians account for the largest share among buyers in Poland, along with citizens of other countries such as Belarus, Russia, India, the United Kingdom, and Vietnam. They have actively invested in real estate in the country's largest cities, including Warsaw, Krakow, and Wroclaw.

Many foreigners, including Ukrainians, buy apartments in cash, without credit, often — without the necessary permits

According to analysts, in 2024, foreigners conducted about 6% of all transactions in the Polish real estate market. It is predicted that by 2025, this figure could exceed 10%. Many purchases are made in cash, without involving bank financing.

Foreigners often circumvent the rules

Current Polish legislation allows foreigners to buy real estate without a special permit if it is located outside the border zone and is intended for living. Therefore, many transactions in 2024 were concluded without approval from the Ministry of Interior Affairs. However, there were also cases where permits were needed due to risks.

Warsaw seems cheap for Ukrainians because, for example, it was more expensive in Kyiv before the war

As of 2024, about 2 million citizens of Ukraine and Belarus were permanently residing in Poland, creating a significant demand in the real estate market. This has led to the emergence of Ukrainian real estate agencies actively advertising their services on Telegram. However, there are complaints that some agencies copy announcements from Polish companies without their consent.

The content of the leading news reflects a positive trend in the increase of foreign investments in the Polish real estate market, as well as growing popularity among foreign buyers. It also reveals specific features of conducting transactions and some nuances in legislation that spark discussions among experts and the public.