Poles buy more plots of land

The number of notarial deeds signed in 2018 regarding the sales of real estate units increased by 7.6 percent, the Central Statistical Office (GUS) reported. In comparison with 2017, the largest increase (12.5 percent y/y) was observed in the sales of plots with a residential building. The sales of both premises and undeveloped plots increased by 9.7 percent during a year.
According to the Central Statistical Office, the state treasury and the territorial self-government units purchased in 2018 about 10 percent fewer properties compared to the previous year.
“It needs to be stressed that the CSO data only shows the number of transactions without indicating the size of the purchased properties. It is possible that the total space purchased in 2018 was bigger than in 2017,” Marcin Jadczak, head of the Real Estate Department at RK Legal, emphasizes.
(Puls Biznesu)