Gdańsk, Sopot, Gdynia why we invest here?
Why you should invest in flats in the Tricity market?
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Investing in real estate is one of the surest forms of capital investment, and the Tricity, comprising Gdansk, Gdynia and Sopot, is currently one of the most attractive places in Poland for this type of investment. The dynamic growth of flat prices, the increasing number of transactions and the high level of tourist interest make the Tricity an ideal place for investment. In this article, we will present why it is worth investing in flats in Gdańsk, Gdynia and Sopot.
1. Dynamic growth of real estate prices
The real estate market in the Tricity has been experiencing dynamic price growth for several years as a result of increasing demand and limited supply of flats. According to the 2023 data, flat prices in Gdańsk have increased by an average of 12% year-on-year, which means that the value of your investment can grow rapidly. In Gdynia and Sopot, the increases were similar, with flat prices rising by 10% and 15% respectively.
This means that investing in a flat in the Tri-City brings much higher returns on investment compared to other regions of Poland, where the increase in flat prices oscillates at 8%.
2 High number of real estate transactions
The Tri-City is not only about rising prices, but also high real estate market activity. In 2023, more than 8,000 residential sales transactions were completed in Gdańsk, which puts the city at the forefront of the Polish real estate market. Gdynia and Sopot also boast a high number of transactions, with 4,500 and 1,200 per year respectively. Such a high number of transactions testifies to the liquidity of the market, which facilitates the quick purchase or sale of a flat, as well as renting.
3. Tourism as a driver of the rental market
The Tricity is one of the most popular tourist destinations in Poland, which makes real estate investment even more attractive. In 2023, Gdansk was visited by more than 3 million tourists, and Gdynia and Sopot by a total of around 1.5 million. The high influx of tourists, from both home and abroad, generates a huge demand for short-term flat rentals but also for so-called weekend flats. For several years, there has been a very dynamic increase in interest in purchasing flats as second homes.
4 Strong local economy and infrastructure development
The Tricity is not only about tourism, but also about a thriving economy that attracts new residents and investors. Numerous infrastructure investments, the development of seaports, business centres and proximity to the sea make the region extremely attractive. New housing estates and flats are being built in response to growing demand, which is fuelling further market development.
Summary
The Tricity offers a unique combination of high returns on investment, dynamic growth in property prices and a stable rental market driven by tourism. Investing in flats in Gdansk, Gdynia and Sopot is an excellent decision for both those seeking capital gains and those who want to derive income from rent. Trust the experts, take advantage of our experience and start investing in real estate in the Tri-City - it's the best choice on the Polish market!
