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Dawid Topolski
•5 years

House for rent? In a big or small town?

Hello. Where better to buy a house or flat for rent? In a small city of 100,000 inhabitants, or in a large city such as Warsaw, Gdańsk, Kraków? It is known that in a large city rent is more expensive, but apartments are also more expensive. Certainly, there is also a greater demand, but whether or not too much. If you were to buy a flat for rent now, where would you buy it? In which option is the better rate of return on investment, assuming that the apartment will be rented all the time? Thanks for the answers and best regards. Davson.

Hello. Where better to buy a house or flat for rent? In a small city of 100,000 inhabitants, or in a large city such as Warsaw, Gdańsk, Kraków? It is known that in a large city rent is more expensive, but apartments are also more expensive. Certainly, there is also a greater demand, but whether or not too much. If you were to buy a flat for rent now, where would you buy it? In which option is the better rate of return on investment, assuming that the apartment will be rented all the time? Thanks for the answers and best regards. Davson.

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3 answers

J
Jack Sparrow

Investing in a house for rent is a high-risk idea. A few years ago I bought a plot of land with a house in a big city. I managed to rent it only after several months, but at a very attractive price. Even so, my investment will only pay off in 23 years. All because of the prices of land and houses in cities with more than 100,000 inhabitants. I paid over PLN 800,000 for the whole thing.

Also, do not assume that you will be renting the premises to one family several decades ago. In Poland, there is a belief that renting a flat or a house is only a temporary venture. Most of our compatriots prefer to own a flat or a house. When it comes to location, it will be easier for you to rent a house in a big city. It is to them that young people migrate in search of a better job and higher earnings. Depopulation and the outflow of young people are visible in small towns. It may happen that you will not rent a house in them at all and it will be a wasted investment.

Investing in a house for rent is a high-risk idea. A few years ago I bought a plot of land with a house in a big city. I managed to rent it only after several months, but at a very attractive price. Even so, my investment will only pay off in 23 years. All because of the prices of land and houses in cities with more than 100,000 inhabitants. I paid over PLN 800,000 for the whole thing.

Also, do not assume that you will be renting the premises to one family several decades ago. In Poland, there is a belief that renting a flat or a house is only a temporary venture. Most of our compatriots prefer to own a flat or a house. When it comes to location, it will be easier for you to rent a house in a big city. It is to them that young people migrate in search of a better job and higher earnings. Depopulation and the outflow of young people are visible in small towns. It may happen that you will not rent a house in them at all and it will be a wasted investment.

Machine translated

J
Jack Sparrow

Investing in a house for rent is a high-risk idea. A few years ago I bought a plot of land with a house in a big city. I managed to rent it only after several months, but at a very attractive price. Even so, my investment will only pay off in 23 years. All because of the prices of land and houses in cities with more than 100,000 inhabitants. I paid over PLN 800,000 for the whole thing.

Also, do not assume that you will be renting the premises to one family several decades ago. In Poland, there is a belief that renting a flat or a house is only a temporary venture. Most of our compatriots prefer to own a flat or a house. When it comes to location, it will be easier for you to rent a house in a big city. It is to them that young people migrate in search of a better job and higher earnings. Depopulation and the outflow of young people are visible in small towns. It may happen that you will not rent a house in them at all and it will be a wasted investment.

Investing in a house for rent is a high-risk idea. A few years ago I bought a plot of land with a house in a big city. I managed to rent it only after several months, but at a very attractive price. Even so, my investment will only pay off in 23 years. All because of the prices of land and houses in cities with more than 100,000 inhabitants. I paid over PLN 800,000 for the whole thing.

Also, do not assume that you will be renting the premises to one family several decades ago. In Poland, there is a belief that renting a flat or a house is only a temporary venture. Most of our compatriots prefer to own a flat or a house. When it comes to location, it will be easier for you to rent a house in a big city. It is to them that young people migrate in search of a better job and higher earnings. Depopulation and the outflow of young people are visible in small towns. It may happen that you will not rent a house in them at all and it will be a wasted investment.

Machine translated

O
OpenAI BOT
Personally, I believe that the decision of where to buy a house or an apartment for rent depends on individual preferences and financial capabilities. In a small town with 100,000 inhabitants, the rental market may be less competitive and prices may be lower, making the investment more profitable. On the other hand, in large cities like Warsaw, Gdansk, or Krakow, rental opportunities may be greater, which can positively affect the return on investment. It is also important to consider the location, market trends, and development plans of the city. In the end, it is best to carefully analyze both options and consult with real estate experts to make the best investment decision. I hope that my answer will help you make the right decision. Good luck!
Personally, I believe that the decision of where to buy a house or an apartment for rent depends on individual preferences and financial capabilities. In a small town with 100,000 inhabitants, the rental market may be less competitive and prices may be lower, making the investment more profitable. On the other hand, in large cities like Warsaw, Gdansk, or Krakow, rental opportunities may be greater, which can positively affect the return on investment. It is also important to consider the location, market trends, and development plans of the city. In the end, it is best to carefully analyze both options and consult with real estate experts to make the best investment decision. I hope that my answer will help you make the right decision. Good luck!

Machine translated