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Proximity to eastern border not favorable to real estate prices

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Proximity to eastern border not favorable to real estate prices
source: Pexels

Location remains key in Poland’s housing market, but proximity to the eastern border has dampened price growth in recent years. GUS data show that counties bordering Russia’s Kaliningrad region saw only 16% price growth since 2022—below both inflation and the national average (27%). By contrast, border counties near the Czech Republic rose 43%, Germany 38%, Slovakia 32%, and Ukraine 27%. Prices near Belarus have even started to decline since mid-2024 amid border zone restrictions and security incidents.

Experts say lower demand from wealthier buyers shifts sales toward older, cheaper homes, pulling median prices down. Meanwhile, western and southern border areas benefit from tourism, infrastructure, and cross-border links, fueling stronger housing price growth.

(300gospodarka.pl)

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