Poland – Commercial Real Estate Vs. Residential Property?

In the UK we are used to thinking in complex
be it residential, retail or commercial. In Poland the
there are large shopping centers and retailers, but in almost
each residential development part or all of the land
The floor is designed and built for offices, shops or services.

It is a historical idea from a time when car use was much
less frequent and providing essential amenities in each
goods made sense. Today, residents may have cars, but
they still need a small grocery store, kindergarten, language school,
bank or any number of other services for which a car trip
It would be an unnecessary trial.

Most of the modern developments are closed, but if the complex is not
large enough to support the commercial units that are often
turned to face the streets outside, thus serving both the
residents in and around the blocks
neighborhood.

Polish agents rarely point out business units to foreigners.
buyers, and foreign buyers rarely inquire about them, but
can offer better yields, lower costs in the long run,
less demanding and more stable tenants and added value
that’s as promising as residential apartments
on the upper floors.

The returns, in fact, can be as much as double those of
residential apartments since the purchase cost is low and
companies that use the units are often extremely
profitable. If what you are looking for is a capital gain and an immediate
cash flow then it is worth investigating this option
before signing the reservation form in a residential
property.

Furthermore, as most of the new developments in Poland are finished
buyers in the fictitious state must also budget for the equipment and,
in residential units, most of the financial burden
It comes from kitchens and bathrooms. in commercial properties
the bathroom is usually small or just a WC so the cost of
taking a shell unit to profitable or salable is a lot
lower.

With less “team” on the property, there is obviously less to
go wrong in the long run. There are no washing machines to break
downstairs, cabinets to damage, mattresses to replace, etc.
Commercial units are an ideal, low-maintenance purchase to rent
option.

In residential apartments, most tenants are ultimately
looking to buy their own place when they can afford it and
so the turnover of people passing is inevitably
tall. Commercial tenants, on the other hand, are there to
stay and his motivation is to build a stable business. HAS
longer lease – for a period of five or ten years – is much more
common than with residential tenants.

Even if they decide to move, it’s in their finances
interest to try to sell or lease your business as a going concern
concern, especially if it is retail or service-related, and
so the chances of owners experiencing vacant periods are
Much lower.

Finally, if you purchase your unit in an area popular with
vacationers, like Gdansk or Zakopane, and they only rent it
to a business related to tourism, this falls under the “second
“house rule,” which means you don’t have to apply for a
government purchase permit. A cafeteria clearly aimed at
tourists, bike or ski rental, or a store with beach items
they are all of good potential and leave the investor free to buy
another property elsewhere.

At a time when the pack heads to the residential property,
those who understand cultural difference in the way
Polish developments are designed are more likely to achieve
better performance both now and in the future and experience
fewer long-term problems.

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