3rd Floor, Residential Investment in Warsaw

Poland’s entrance into the European Union (EU) in 2004 has seen more positive trends in terms of the country’s development. Since 2004, the Polish economy has been consistently increasing, whilst displaying good growth rates. Today, almost 15 years following its entrance to the EU, it is defined as the strongest economy in Eastern Europe.

Following the fast growth of Polish economy, Forbes Magazine has recently stated that “Poland is one of the world economy’s great success stories right now”. Additionally, according to a report published in 2018 by Ernst & Young, Poland is breaking new ground as the most attractive destination among all Central and Eastern European countries (CEE) for real estate investments.

Warsaw is at the forefront of the development process described above, serving as a major attraction for investors, entrepreneurs, tourists, and young educated Polish residents. Over the last two decades, Warsaw has been undergoing a fast process of urban development, and is currently considered as a flourishing European capital. Warsaw’s city center and its surrounding neighborhoods are packed full of restaurants, pubs, and coffee shops, and offer a vibrant night life. The city is covered by a broad public transportation system, including a subway, and many international companies establish their branches in the city.

According to the central bank of Poland (NBP), the Housing Price Index in Warsaw has increased by 6% during the last year, following consistent increases in previous years as well.

The Ochota Quarter is situated on the west bank of the Wisla River, close to the city centre. There are approximately 85,000 residents living in Ochota. Although, unlike other districts in Warsaw, this area mostly serves as a residential quarter. This is mostly due to the short commute to surrounding areas, such as the city centre and business park.

One of the largest and most impressive parks in the Warsaw, Park Szczesliwicki, is located centrally in the area. Furthermore, shopping is a popular past-time of the Ochota residents with the architectural Zlote Terasy a short distance outside the area. This significantly increases the areas economy, driving tourism as well as commerce. Other landmarks near this studio development include, Poland’s National Library and the only artificial ski-slope in Warsaw is located just outside the district.

Characteristics: Apartmenty Rakow is a multi-site complex that’s adjacent to another project of the contracting company, which is in advanced stages of occupancy. This project has been designed with bourgeoise opulence in mind. Therefore, featuring verdant setting with luscious gardens.

Location: The project is located within walking distance of Park Szczesliwicki, shopping centres, schools and kindergartens. The Mordor hi-tech park is within the proximity of the project.

The Developer: Radius Projekt Group has been engaged in real estate development and management in Warsaw for more than two decades. The company currently holds some 20 projects at an overall value of one billion Zloty.

Capital Gain

• The Housing Price Index in Poland has been increasing at a rapid pace since 2014.
• According to the Central Bank of Poland (NBP) the Housing Price Index in Warsaw has increased by 6% during the last year.

Rental Yield

• The rental yield rate in Warsaw is approximately 6% per annum.
• Download the Rental Price Table