Ukrainians buy nearly 3,200 apartments in Poland in 2019 – experts

Experts say Ukrainian citizens bought 3,200 apartments in Poland in 2019.

The figure exceeds by 40% the real estate bought by other foreigners in Poland last year, the Ukrainian TSN TV news service reported on December 11.

Read alsoKyiv top European city in number of high-rise buildingsUkrainians mostly bought apartments in big cities, such as Warsaw, Kraków, Wrocław, Poznań, and Gdańsk.

Thus, Ukrainian nationals invested the most in the Polish real estate sector. They bought real estate in Poland so actively back in 2015.

Background

• Prices of rented housing have increased significantly in the cities of Kyiv and Odesa over the recent months.
• During the quarantine period, rents in the capital city of Kyiv surged by 26%.
• Now the price range is within UAH 7,000 (US$250) – UAH 50,000 (US$1,788).
• A rent rate for one-room apartments rose most.
• Apartment owners started to more actively let housing out during the COVID-19 quarantine.