Poles choose ready apartments

According to Eurostat, Poles are eager to reach for flats from the primary market. In 2019, the share of such transactions in Poland was 46.7 percent. However, as it turns out, the barrier for many buyers is the relatively long waiting time for putting the premises into use. The answer to the needs of this group of customers is the offer of ready apartments in investments already completed or with the delivery deadline later this year.

Ready-made development flats combine the features of real estate from the primary and secondary markets while being a great alternative for the latter. Additionally, according to NBP research covering the fourth quarter of 2019, housing prices in the developer state are comparable or even lower than those meeting the same parameters of apartments on the secondary market.

Due to the fact that in recent quarters the demand on the real estate market clearly exceeded the supply, the domestic real estate market has a deficit of finished developer flats. According to JLL data, at the end of 2019, more than half of the offer of premises on the market were those that will not be put into use until 2021 or later. Already built flats accounted for only 9 percent. available offer.

“As a company that has been present on the real estate market for many years, we are constantly analyzing and responding to the needs of buyers, matching the offer of flats to their current expectations. Due to the fact that we implement a number of multi-stage investments, we create the opportunity to buy an apartment at various stages of the project, including ready premises or those with a short deadline for commissioning,” Barbara Kunicka, Sales and Marketing Director at Unidevelopment, said.

(WBJ)