Is investing in commercial real estate in Poland really worth it?
The purchase of a commercial real estate for business generates high revenue for foreign investors. First of all, the profit in Poland is generated by retail spaces, offices and warehouses. Commercial real estate is in demand among both Polish companies and foreign organizations that do business in the country.
To get a high yield, it is recommended to buy commercial real estate located in Warsaw, Wrocław and Kraków. These cities are full of international organizations, developers and investment funds that need premises for doing business. If the object is well-equipped and is located in the central areas, it will remain in high demand throughout the year.
What opportunities does the purchase of commercial real estate in Poland offer to investors?
By purchasing an office, warehouse or retail space, foreign buyers can:
- make a profitable sale of commercial real estate in Poland in 1-2 years, when its value is increased by 10-20%;
- rent out an object for a short or long term stay. The resulting profit helps to recoup the investment after 5-7 years.
What difficulties can foreigners face when buying commercial real estate in Poland?
To purchase premises for business, foreign citizens need an international passport and a certificate confirming the legality of funds. In addition, they need to obtain a permit for the purchase of real estate from the Ministry of Foreign Affairs of Poland. Only citizens from EU countries who have a Polish residence permit are exempt from presenting this document.
