For a long time, it was Polish investors who were placing capital abroad – in London, Berlin, and sometimes Spain. Today, the trend is reversing. Interest in the Polish residential real estate market from foreign investors is growing. Conditions are changing, and so is the scale. One example of a company active in this area is Kapitalark, which mediates between investors and the local market – focusing on projects in cities with high growth potential. In particular, Warsaw’s real estate market is attracting global attention. Warsaw draws people in – and it’s no coincidence, as the city has a lot to offer to individuals from all around the world.

Why are foreigners interested in apartments in Warsaw?

Poland’s capital appeals with its stability and potential for price growth. Investors from Europe are looking for safe investments here; those from Asia see rental profit opportunities, while Americans spot long-term potential. The city center (Śródmieście) impresses with its business energy, Mokotów offers peace and greenery, and Wola showcases modern apartment buildings.
The city has many faces, each matching different plans. Some might say it’s all about the location – and it's hard to disagree. Prices are lower than in Paris or London, yet the prospects are significant. That’s what draws both attention and capital.

Which districts of Warsaw are foreign buyers choosing?

• Wola – gaining momentum. New housing developments and skyscrapers attract those who enjoy a modern lifestyle.
  
  
• Śródmieście – the choice for those who value being in the center – close to offices, theaters, and restaurants.
  
  
• Mokotów – offers tranquility, yet with good access to key areas.
  
  
• Praga – growing in popularity thanks to lower prices and its artistic vibe, attracting a unique group of buyers.
  
  

Each district offers something different. Market analysts pay attention to the details – sometimes numbers, sometimes the atmosphere. It requires thoughtful consideration, although not everyone values the same aspects.

The Future and Limitations

The outlook remains stable. Warsaw has not yet reached market saturation. There is still a shortage of apartments – both for sale and rent. Developers have reduced the number of projects they’re starting, which may deepen the supply gap in the coming years. For investors, this is a signal that maintaining a high rental level should remain possible in the medium term.

Limitations? High purchase prices, increasing management costs, and regulatory volatility. For some investors, the unpredictability of tenant protection regulations is also a concern. But so far – none of these obstacles have halted the real inflow of capital. Warsaw continues to attract, though not because of low prices anymore.

Warsaw as a Market in Motion

Foreign investors are appearing more frequently in Warsaw’s housing market. It’s no longer just about one-off transactions in the luxury segment. The movement is broader. In recent months, there has been noticeable growth in interest in purchasing rental apartments – mainly in the mid-range segment, with operational potential, not necessarily visually spectacular.