Do you have savings and are wondering what to do with them? Investing in real estate is one of the safest forms of investing capital! Your apartment will certainly increase in value!
The key to investment success is, of course, choosing the right property. Apartments and apartments They may have a lower or higher rate of return. What does this depend on? Primarily, the apartment's location, square footage, and standard of finish. Are you interested in buying a property in Warsaw? We'll advise you on what to look for to ensure you're investing your money wisely and enjoying a property that's resilient to seasonal market fluctuations.
Take care of your financial security and invest in an apartment that you can live in or rent!
In which district of Warsaw is it best to buy an apartment?
Warsaw has 18 districts, covering a total area of nearly 520 square kilometers. Regular district rankings evaluate individual parts of the capital based on factors such as safety, transportation, culture and entertainment, shopping, and the cost of living. These are all aspects that should be carefully analyzed when purchasing an apartment. in Warsaw.
In the above-mentioned categories, high positions are occupied by: Śródmieście (unrivaled in the context of access to culture and entertainment), Mokotów, Wola, Żoliborz and Ursynów, as well as Wilanów and Ursus.
When choosing a property for yourself, consider the aspects that are most important to you and the needs of your household. When purchasing a rental apartment, consider the property's versatility, which should suit as many potential tenants as possible.
The cost of renting an apartment and the price of buying an apartment in Warsaw – is it worth it?
Market Renting a property in Poland's capital city varies greatly. Renting an apartment in Warsaw, depending on the location and size of the unit, can cost the landlord anywhere from 2,000 to as much as 6,000 PLN.
The capital is the most expensive in this respect, and in the case of larger apartments, rental prices in Warsaw can be even twice as high as the prices of renting an apartment of similar size and finishing standard in Krakow, Gdansk or Wroclaw.
What about apartment prices? According to Expander data, in the fourth quarter of 2021, apartment prices in Warsaw increased by an average of PLN 131,000, with prices per square meter ranging from PLN 12,000 to PLN 15,000.
At the same time, the third quarter of 2021 saw the second-lowest housing market offer in Warsaw since 2015. Only 11,499 units remained for sale, and just over 4,000 apartments were put up for sale (mostly in Ursus, Białołęka, and Włochy).
Buying a rental apartment in an attractive location and with high standards is an investment that's now a good time to make! What's more, you don't have to spend cash! All you need is enough capital to finance a down payment of around 10-20%, as well as creditworthiness. In most cases, the rental income exceeds the mortgage payment.
Looking for an apartment in the capital for you and your family? Renting is a good option for a limited period of time, necessary, for example, to finalize and make binding professional or business decisions that will result in a long-term commitment to Warsaw.
Have you decided to move to Poland's largest city? It's time to start looking for your own apartment.
Is the apartment finished or in developer condition?
Time to choose an apartment? The real estate market offers finished apartments (so-called turnkey apartments) and apartments in developer standard. Which option will be best for you?
- The apartment is in developer condition This is an apartment that requires additional finishing work and the purchase of equipment (appliances and furniture). Apartments in developer's standard are usually equipped with internal installations, windows, and external doors. The walls are plastered and pre-leveled, and the floors have a concrete screed. This is an apartment that you can finish in 100% according to your own vision, but you must take into account the additional financial outlay and time required for the work.
- Finished apartments These apartments are ready to move in as soon as you pick up the keys! Most of the finished apartments available on the primary market are of a high or very high standard, fully equipped or partially furnished (kitchen and bathroom equipped with built-in furniture and appliances).
Nux Apartments is an offer tailored to the expectations of modern investors. Our real estate portfolio includes only specially selected apartments and flats, in developer and turnkey condition, located in attractive and well-connected parts of Warsaw and modern residential complexes. We are not a real estate agency – so there are no additional costs or commissions hidden behind the price of the apartment!