Suche
Mein Konto
Luxury or oversupply? Holiday apartments in Świnoujście under pressure!
Find out how the construction of luxury holiday apartments in Świnoujście is booming despite market saturation and what impact this has on the real estate market.
Luxury or oversupply? Holiday apartments in Świnoujście under pressure!
The construction of holiday apartments is booming in the picturesque region around Świnoujście, Międzyzdroje and Kolberg. The diverse offering attracts developers and investors, even if concerns about possible market saturation cannot be dismissed. According to the Ostsee-Zeitung, the property developers are specifically focusing on exclusive offers in order to attract guests not only in the high season, but all year round. In addition to modern apartments, wellness areas, fitness studios and spa centers are increasingly being built to enhance the holiday experience.
Particularly impressive is the new luxury complex “Wave Świnoujście Thermal & Spa”, which is being built on the Świnoujście promenade. This is described as the first thermal and recreational location by the sea in Central Europe and includes a hotel, numerous apartments and a spacious spa area. Over half of the area is reserved for recreational areas, with green roofs and vertical gardens that create an oasis of relaxation. A highlight of this project is Poland's first thermal zone on the Baltic Sea, which provides pure relaxation with 4,000 square meters of thermal and hydrorelax baths. This offer is aimed not only at wealthy individuals, but also at investment funds that want to invest in this emerging region.
Despite the striking construction of this luxurious complex, the general demand for holiday apartments is declining. Real estate entrepreneur Maciej Maciejewski reports on a crisis that has been going on for two years now. Prices in the city center of Świnoujście have now leveled off at at least 2,000 euros per square meter, while holiday apartments are charged over 4,000 euros. This raises the question of whether investing in this sector is still worthwhile.
Market situation and expert opinion
Experts see the market as stable but elevated. “The location and quality of the properties will be crucial,” says Witold Kikolski from MS Waryński Development S.A. The region is heading into a maturity phase where high supply meets slower growth. In Międzyzdroje, for example, developers are charging over 10,000 euros per square meter for comparable properties, which raises the key question of whether these high prices will pay off in the long term.
The opportunity to invest in holiday homes could still remain lucrative in this region. Anyone who presents themselves with a “good hand” in selecting objects and a clever marketing strategy could end up doing well. The Ostsee-Zeitung reports on the challenges that investors have to face and notes that ultimately there is always a certain degree of uncertainty in the real estate market.
Ultimately, it remains to be seen how the market will develop further. For those who have a feel for trends, there could still be exciting opportunities. For more information and offers, those interested can visit real estate scout24 stop by. The region remains a fascinating terrain that is constantly changing for investors and holidaymakers alike.