Poznań ranks fifth among Polish cities in terms of population. Interestingly, it has also long held fifth place in terms of average price per square meter among the largest metropolitan areas. It is surpassed by Warsaw, Krakow, Gdańsk, and Wrocław, with Łódź, Szczecin, and Lublin close behind.
Housing rates and the economic climate
Real estate prices in Poznań are correlated with housing rates in other regions, and although they are approximately 30% lower than in the most expensive city of Warsaw, there is a consensus regarding the fluctuation trend.
The value per square meter in all major cities is influenced by macroeconomic factors. The most significant is the combination of buyers and sellers. For several years now, and this trend accelerated significantly in 2019, there has been a clear demand advantage, which translates into price increases.
It might seem that the economic turmoil caused by successive waves of the pandemic would negatively impact investment behavior in the real estate segment. However, this was not the case. It turned out that a stronger investment driver was low interest rates on loans and deposits, which, coupled with growing inflationary pressures, prompted savers to convert their deposits into safe and, in the long run, more profitable real estate assets.
Premium Property
Near the Old Market Square stands a historic postmodernist building and an office and residential building. The building's history dates back to 1798, when a two-story post office was erected on the site of the current structure. Less than 100 years later (1872-1881), it was rebuilt into a neo-Renaissance structure with a dome. In 1936, Adam Ballenstedt transformed it into a modern structure for the time, separating the postal and telecommunications departments. The most recent renovation took place in 1995, transforming the building into a postmodern style.
Now available at a new attractive price! Check out our unique special offer.
More expensive and cheaper districts
According to Sonar Home, average real estate prices in Poznań were around PLN 7,350 per square meter in November 2021. This represents an increase of nearly 7% over eleven months, and less than 1% compared to October.
The value of real estate in Poznań depends, among other things, on the neighborhood in which it is located. The city has forty-two of these. The top five most expensive include Główna Street (PLN 8,991), Podolany Street (PLN 8,589), and Stare Miasto Street. - PLN 8,280, Ławica - PLN 8,125 and Ogrody - PLN 7,994.
In turn, the five cheapest are Fabianowo-Kotowo - PLN 6,305, Morasko-Radojewo - PLN 6,381, Jan III Sobieski and Marysieńka - PLN 6,427, Antoninek-Zieleniec-Kobylepole - PLN 6,496 and Kwiatowa - PLN 6,509.
Real estate from Orange
When considering investment scenarios in the real estate sector, we recommend reviewing the portfolio of properties owned by Orange Polska.
The land and buildings we own are assets left over from the days when space-consuming telecommunications infrastructure required us to invest in numerous facilities (e.g., customer service points, switchboards, paper archives), mostly located in city centers. Therefore, today they represent a valuable investment opportunity, also because they can be adapted to the investor's individual needs. Their character, purpose, or even demolition can be changed.
Our advisors guide the buyer through the entire purchasing process – from the selection of the property to the formal and legal closing of the investment.
We also encourage you to check out our offers: Real estate sales - online offers | Orange Nieruchomości