As the number of Poles who can afford luxury apartments increases, Sotheby’s International Realty has decided to enter the market. Are Poles interested in upmarket properties?
by Beata Socha
45,000
The number of Poles with net worth of over $1 million
The value of the luxury residential market in Poland stands at a little below PLN 1 billion a year according to KPMG. As the economy continues to develop, the number of wealthy Poles is growing steadily. In 2013, there were close to 40,000 individuals with assets worth between $1-5 million, another 3,000 in the $5-10 million bracket and 1,670 worth $10-50 million, according …read more
Source: Warsaw Business Journal