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.

Implications for Banking and Business

Developments in the Polish banking sector affect businesses operating in the country in several ways. Access to corporate banking services, credit availability, deposit rates, and payment infrastructure are all critical factors for companies — whether established Polish firms or foreign-owned entities entering the market.

For foreign entrepreneurs setting up operations in Poland, choosing the right banking partner is a strategic decision. Major Polish banks including mBank, ING Bank Śląski, Bank Millennium, PKO BP, and Santander Poland offer varying levels of service for international clients, including English-language online banking, multicurrency accounts, and dedicated relationship managers for corporate clients.

The Polish banking market is well-regulated by the KNF (Financial Supervision Authority) and participates in the EU deposit guarantee scheme (BFG — Bank Guarantee Fund), providing deposit protection up to EUR 100,000 per depositor per institution. This regulatory framework provides stability and confidence for businesses maintaining corporate funds in Polish banks.

If you are doing business in Poland or considering entering the Polish market, Zalewski Consulting can help. Learn more about our corporate tax advisory, or contact us for a free consultation.