Retail development offers retail spaces, which can be cyclical and involve multiple stages. Retail development which comes under the category of commercial real estate development can include new stores, shopping centers, or other retail spaces.
Retail development significantly contributes to the generation of tax revenue for the government. Through sales taxes, property taxes, and other levies, the retail sector becomes a reliable source of revenue for public services such as healthcare, education, and supports the overall infrastructure development market.
Why Buy or Invest in New Real Estate Developments in Poland.
Poland has seen consistent economic growth over the past few decades. It is one of the largest economies in Central Europe, and its steady growth provides an attractive environment for real estate investments.
Economic stability often leads to a higher demand for residential and commercial properties.
Major cities like Warsaw, Kraków, Wroclaw, and Gdansk have seen significant urban development. New property developments in these cities, whether residential, commercial, or mixed-use, are often in high demand due to the increasing population, a growing middle class, and the influx of international companies.
As a member of the European Union, Poland benefits from EU economic policies, investments, and funding. This stability, along with EU access, can attract international buyers and investors who are looking for safer and higher-potential returns.
The Polish government offers various incentives for investors, including tax breaks and favorable policies for foreign investors. This can make property investment more appealing, especially for those looking to maximize returns on their investment.