Turnkey Investment Properties in LodzBrick walls, murals andstartup parks

Real estate in Lodz: Poland’s industrial revival city with high-yield investment potential

Introduction: Why invest in Lodz

Lodz, once Poland’s textile manufacturing powerhouse, is undergoing a remarkable urban transformation. With revitalized factory districts, expanding universities, and a surge in cultural and technological projects, Łódź has emerged as one of the most promising real estate markets in Central Europe. Its affordable pricing, high rental yields, and strong government investment in infrastructure make it especially attractive for international investors looking for growth and value in Poland’s second-tier cities.

Types of property in Lodz

The city offers a mix of historic and modern real estate options:

• Loft-style apartments: Found in redeveloped industrial complexes like Manufaktura and Księży Młyn
• New developments: Spreading across Bałuty, Polesie, and Widzew districts
• Student rentals: Close to the University of Łódź and Łódź Film School
• Commercial and retail units: Especially in central streets and revitalized zones
• Historic tenement renovations: Found in Śródmieście with excellent upside potential

Can foreigners buy property in Lodz?

• EU/EEA citizens: Can freely buy all types of real estate, including land
• Non-EU citizens: May buy apartments without restrictions; standalone houses or land require a permit
• Ownership is typically freehold and registered via Poland’s land and mortgage registry system

Property prices in Lodz

• New builds in central locations: €2,200–€2,800/m²
• Renovated units in Śródmieście and Polesie: €1,800–€2,500/m²
• Affordable apartments in Bałuty or Widzew: €1,400–€1,800/m²
• Loft-style apartments in revitalized zones: €2,500–€3,200/m²

Lodz remains significantly cheaper than Warsaw or Kraków, offering higher upside for capital appreciation and rental yield.

Rental yields and demand

Rental returns in Łódź are some of the highest in Poland, driven by affordability and strong tenant demand:

• Long-term residential rentals: 6%–8% gross annual return
• Student rentals: Stable and consistent — over 70,000 students
• Short-term rentals: Growing Airbnb market near Piotrkowska Street and Manufaktura
• Corporate rentals: Increasing demand from IT, logistics, and film industry professionals

Top districts for investment

• Śródmieście: Central and undergoing massive revitalization — excellent for flips and Airbnb
• Polesie: Close to university zones and green areas — ideal for long-term rentals
• Bałuty: Affordable prices with growing infrastructure and tenant base
• Widzew: Residential growth zone with commuter appeal
• Księży Młyn: Iconic loft district — high cultural and rental appeal

Urban transformation and infrastructure

• New transport projects: Łódź Fabryczna train station, tunnel connections to Warsaw and Poznań
• Tram and bus upgrades: City-wide modernization improves access to all districts
• Business parks: Łódź Special Economic Zone attracting tech and logistics firms
• Cultural landmarks: Manufaktura, EC1, and film schools enhance rental desirability

Transaction costs and taxes

• Transfer tax: 2% on resale properties (not applicable to new builds)
• Legal, notary, and registration fees: Approximately 1.5%–2.5%
• Annual property tax: Typically low — under €150/year
• Rental income tax: 8.5% flat or progressive up to 32% depending on income level
• Capital gains tax: 19% if sold within 5 years

Residency and visa options

Although real estate ownership does not guarantee residency, investors can explore other options:

• EU citizens: Free movement and property rights
• Non-EU investors: May qualify for temporary residency based on rental income, business activity, or company formation

Example investment cases

• Renovated studio in Śródmieście (€85,000): Airbnb income of €800/month → ~11% gross yield
• 2-bedroom in Widzew (€125,000): Rented to local family → 6.5% yield
• Loft in Księży Młyn (€160,000): Long-term lease to creative professional → 7% return

Risks and market trends

• Liquidity: Slightly slower resale time compared to Warsaw or Kraków
• Renovation risk: Some tenement buildings require substantial upgrades
• Short-term rental regulation: Still under development — monitoring advised

How VelesClub Int. supports investments in Lodz

• Property search based on yield and location analytics
• Legal due diligence and foreign buyer support
• Tenant screening and full rental management
• Interior design, renovation planning, and value-add strategy
• Visa, tax, and residency advisory

Conclusion

Lodz offers investors a rare opportunity to enter a revitalizing urban market at accessible prices. With strong rental yields, cultural cachet, and ongoing infrastructure development, the city is transitioning from industrial past to creative future. For foreign investors seeking long-term value and cash flow, Łódź presents a compelling alternative to Poland’s more saturated capitals. With VelesClub Int. by your side, you can confidently access this emerging market with local expertise and full-service support.