With the average value of a mortgage application in September reaching approximately PLN 570,000 (assuming a 20% down payment), the question for buyers is what type of new flat can be purchased in major Polish cities within this budget. Which developments offer units in this price range, how large are these flats, and what are the lowest prices currently offered by developers? The following analysis reviews available options and projects where buyers can find properties around this price level.

Tomasz Kaleta, Managing Director of Sales and Marketing at Develia

The cheapest flats offered by Develia, with an area of approximately 30 sq m, are available in the Południe Vita development in Gdańsk at a price of approximately PLN 390,000. In this development, we also offer the lowest price per square metre – approximately PLN 8,000.

In other cities, prices are slightly higher, which depends, among other things, on the location of the project and the situation on the local market. We offer flats in the price range of PLN 400,000 to PLN 500,000 to customers in all cities where we operate, including Warsaw.

Agnieszka Matusiak, general director of sales and marketing at Atal

On average, in our overall offer, the amount of approximately PLN 570,000 corresponds to a two-room flat with an area of 45-55 sq m. In ‘cheaper’ centres, such as Łódź, Poznań and its surroundings, or Upper Silesia, it is easier to find properties in this price range. In Kraków, the Tri-City or Warsaw, flats closer to 45 square metres are available for this price.

However, in selected developments, customers can even buy a three-room flat with an area of around 60 sq m for this money, for example in Gliwice (Ogrody Andersa), Łódź (Nowe Miasto Polesie IVA), Swarzędz (ATAL Idea) or Reda (Niebieski Bursztyn).

Currently, housing affordability is significantly improved not only by creditworthiness and falling mortgage interest rates, but also by numerous promotions that allow customers to gain a lot.

Mariusz Gajżewski, Head of Sales, Marketing and Communication, BPI Real Estate Poland

The fall in interest rates has clearly increased the availability of mortgage financing and, consequently, interest in purchasing flats. We can also see this in our contacts with customers. The number of enquiries and visits to our sales offices is growing. Those wishing to buy a flat and opting for a mortgage with a 20% down payment, amounting to approximately £570,000, will find real opportunities to purchase in the Czysta 4 project in Wrocław and the Panoramiqa project in Poznań. For customers with a larger budget, attractive offers are also available in Gdańsk and Warsaw, although these are premium locations with a higher entry threshold, but also with greater potential for value growth over time.

Andrzej Swoboda, Vice-President of the Management Board, CTE Group

The fall in interest rates translates directly into higher creditworthiness for customers. This means that more people can now afford to buy a flat or obtain financing on better terms than a few quarters ago. In practice, we are seeing that banks are more willing to grant loans and monthly instalments are becoming more affordable for households. This, in turn, increases activity on the property market – people who have so far held off on their purchase decisions are beginning to analyse offers again and return to their housing plans. It is therefore clear that interest rate cuts act as a stimulus to revive the market and strengthen positive sentiment among customers.

The CTE Group’s offer includes sample flats with a budget of up to PLN 570,000. At Osiedle Kaparowa 5, located in Wrocław’s Lipa Piotrowska district, there is a whole range of two-room flats with areas ranging from 36 to 45 sq m, priced from PLN 450,000 to PLN 540,000. Noteworthy is the intimate character of the building (only 38 flats) and its location in the vicinity of a modern school and a planned water park

. A unique investment in our company’s portfolio is the Świeradowska Apartments. They are characterised by classic architecture reminiscent of pre-war designs, a noble clinker façade and elegant staircases. The offer is based on one-room flats, priced from PLN 413,000. They are ideal as investment properties and as a first home for young people.

Barbara Marona, Sales Office Manager, Matexi Polska

On the Warsaw market, we offer the cheapest flats in the XYZ Place development, located at 30 Komitetu Obrony Robotników Street, at the junction of the Włochy and Mokotów districts. It is a place that combines proximity to green areas and easy access to the city centre. A one-room flat with an area of nearly 30 sq m is available for PLN 588,000, which means PLN 20,000 per sq m. The handover of keys in this project is planned for the end of this year.

On the Krakow market, the cheapest properties are available in the Takt Lirników development in Podgórze Duchackie. A studio apartment with an area of over 26 sq m is available for PLN 485,000 (PLN 18,413 per sq m). A two-room flat with an area of 35 sq m costs PLN 618,000 (PLN 17,536 per sq m). The estate attracts with its location, offering residents the perfect synergy of urban conveniences and suburban tranquillity. The proximity of picturesque green areas is conducive to recreation and walking.

In the Apartamenty Portowa project in Krakow’s Zabłocie district, you can become the owner of a studio apartment with an area of just over 30 sq m for PLN 568,000 (PLN 18,659 per sq m). The flat will be ready to move into in the first quarter of 2026. In our third investment in Krakow, Do Wilgi, located on Zakopiańska Street, we have the last flats available at a price of PLN 638,000. For this amount, you can become the owner of a two-room flat with an area of over 40 sq m. (PLN 15,819 per sq m). Construction of this project has already been completed.

Joanna Chojecka, Sales and Marketing Director for Warsaw and Wrocław at the Robyg Group

Interest rate cuts have a direct impact on the increase in Poles’ creditworthiness. In September, the average loan amount requested exceeded PLN 473,000, a level not seen in several years. For us, this means a clear increase in customer interest in our housing offer, which is most visible in large agglomerations.

Flats priced at around PLN 570,000, i.e. with a loan of around PLN 456,000 and a 20% down payment, are available in all cities where we operate. In Warsaw (Mokotów, Bemowo), we offer one-room flats with an area of approximately 25-31 sq m at a price of approximately PLN 453,000-550,000.

In Gdańsk (Kowale), two-room or compact three-room flats ranging from 48 to 55 sq m are available for approximately PLN 520,000. In Wrocław (Krzyki), flats from 35 sq m are available at a price of approx. PLN 542,000. In Poznań (Piątkowo), flats with an area of 39-43 sq m can be purchased at a price of PLN 473,000.

Our offer also includes cheaper flats, e.g. units with an area of 29-40 sq m at prices ranging from PLN 309,000 to PLN 400,000 gross, available in Gdańsk, among other places. This is a good option for both first-time buyers and investors.

Agnieszka Gajdzik-Wilgos, Sales Manager, Ronson Development

For around PLN 570,000, buyers can find flats in Warsaw in the Miasto Moje and Ursus Centralny projects. The offer includes one- and two-room flats ranging in size from 27 sq m to 40 sq m, priced from over PLN 462,000 to PLN 629,000.

In Poznań, in the Grunwald Między Drzewami development, this amount will mainly buy two-room flats ranging from 36 sqm to 49 sqm and three-room flats up to approx. 51 sqm, valued at a maximum of PLN 615,858. In Wrocław, in the Startowe project, two- and three-room flats with areas ranging from 30 sq m to 52 sq m are available at prices up to PLN 626 per sq m.

Szczecin offers the widest availability of flats in this price range. In the Nowa Północ development, buyers can choose between two-, three- and four-room flats ranging in size from 32 sq m to over 66 sq m, with prices up to PLN 619,000, many of which have mezzanines.

The cheapest flats in the company’s entire offer are located in Szczecin, where studio flats with an area of 25.97 sqm are offered for PLN 298,655. In Poznań, the lowest prices start at PLN 395,000 for one-room flats with an area of 29 sqm. In Wrocław, the most advantageous offer is two-room flats with an area of 30 sqm at a price of PLN 403,000.

In Warsaw, the minimum entry threshold is higher. The cheapest flat (27 sq m) available in the Miasto Moje project costs over PLN 462,000. The company’s offer therefore shows that affordability is much greater in regional cities, and buyers with an average budget have a wider choice than on the capital’s market.

Renata Mc Cabe-Kudla, Country Manager at Grupo Lar Polska

With a budget of around PLN 570,000, buyers will find studio flats with an area of around 34 sq m in our offer in a new project in Targówek. The Warsaw market is very diverse, with the final price being influenced by factors such as location, standard of finish of common areas, layout and exposure, and floor.

Aleksander Pałka, Member of the Management Board, Totalbud Development

Totalbud Development is building flats in Warsaw’s Białołęka district, as well as in Piaseczno and Piastów. Prices start at PLN 444,000. For up to PLN 570,000, customers can purchase flats with an area of up to approximately 40 square metres.

Wojciech Zhang-Czabanowski, President of the Management Board, Waryński S.A. Holding Group

With lower interest rates, we are indeed seeing a greater tendency among customers to finance their purchases with loans, especially in the segment of functional flats that are ready to move into without excess space. In our Stacja Ligocka investment in Katowice, with a budget of around PLN 570,000 (with a 20% own contribution), customers will find mainly compact, functional three-room flats with an area of around 50 sq m. The cheapest flat in this price range costs approximately PLN 567,000 gross. The cheapest flat in the entire development costs PLN 254,000.

In our opinion, it is precisely these well-designed, compact three-room flats that will benefit most from improving creditworthiness, as they allow real housing needs to be met within a still acceptable budget.

Zuzanna Należyta, Commercial Director at Eco Classic

The first three interest rate cuts this year did not significantly affect the increase in the number of loan agreements concluded due to the still very high interest rates on liabilities. The lowest total amount needed to purchase a flat in our developments is PLN 455,000, which will buy you a 33-square-metre, two-room flat in the Wolne Miasto development in Gdańsk. Three-room flats are also available in this project, with prices starting at PLN 10,960 per square metre.

Michał Witkowski, Sales Director, Lokum Deweloper

We are pleased with the gradual, albeit very slow, improvement in the financial situation of our potential customers, which gives them the opportunity to realise their housing plans. The indicated average value of the loan applied for is obviously not limited to the largest markets, which obviously positions it at too low a level, reducing the offer to the smallest flats. The key data will concern the actual increase in customers’ creditworthiness, which requires both gradual interest rate cuts and the maintenance or reduction of bank margins.

Currently, we offer the most affordable flats in the Lokum la Vida development in Sołtysowice, Wrocław. These are compact two-room flats priced from PLN 509,000. Larger two-room flats with an area of up to 40 sq m can be purchased in the range from PLN 519,000 to PLN 579,000. In turn, in the Lokum Porto development in the Old Town, we offer functional studio flats with a balcony or loggia priced from PLN 459,000. To meet our customers’ needs, every month we prepare special offers, including not only attractive discounts on selected flats, but also other benefits, such as a parking space included in the price.

Damian Tomasik, President of the Management Board of Alter Investment

As a land developer, we do not offer ready-made flats, but land prepared for residential investments, including segments where flats in the PLN 550,000-600,000 range can be built. An example of this are the projects in Pomlewo, where future single-family and semi-detached housing will be able to offer homes with a total value in this range. Similar assumptions apply to areas in Gdańsk Madalińskiego and Trakt Św. Wojciecha, where planned investments will allow for the construction of properties at reasonable prices while maintaining a high standard of location.

Source: dompress.pl