Foreigners Take Record PLN 3.6 Billion in Housing Loans in Poland in H1 2025

Foreign buyers are driving demand in Poland’s real estate market, with housing loans issued to foreigners reaching a record PLN 3.6 billion in the first half of 2025, according to data from the Credit Information Bureau (BIK). The trend peaked in May and June, with monthly totals of approximately PLN 650 million, marking an unprecedented surge in foreign participation in Poland’s mortgage market.

Foreign citizens now account for roughly 8% of all housing loans in Poland, based on BIK figures. This growing demand has added a stabilizing factor to the real estate market, which had seen less significant price fluctuations than anticipated during market downturns. Analysts from RynekPierwotny.pl have dug deeper into the data, incorporating figures from the Ministry of Internal Affairs and Administration (MSWiA) for a more comprehensive picture.

Record Growth in Foreign Housing Loans
The lending pace for foreigners hit a high point in the second quarter of 2025, with an estimated 1,400–1,500 new mortgages granted monthly in May and June. Assuming an average loan size of PLN 440,000–450,000, experts estimate that lending to foreigners could reach PLN 7.2 billion by the end of 2025, a significant jump from PLN 2.2 billion in 2022, PLN 3.4 billion in 2023, and PLN 5.8 billion in 2024.

The share of foreigners in total mortgage sales also hit a record 8.3% in May 2025 and remained strong at 7.9% in June. These figures indicate that foreign demand continues to play a larger role, especially as domestic lending remains subdued.

Foreign Buyers’ Role in Real Estate Transactions
Government statistics show that foreigners purchased 17,330 residential units and 3,236 commercial premises in 2024, accounting for around 7% of all real estate transactions. Warsaw, Krakow, Łódź, Wrocław, Poznań, and Gdańsk alone represented 43% of these purchases, suggesting a strong focus on Poland’s largest cities.

Experts note that this geographic concentration likely aligns with trends in foreign housing loans, further underlining the importance of overseas buyers in Poland’s urban property markets.