Average residential rental yields in selected Polish cities 2021, by rental period

*Net profitability is the profit of the apartment owner for rent, but after taking into account all the costs. When buying an apartment, these are realtor's commission (3%), tax on civil law transactions (2%), notary's fee, and refreshing a used apartment, and buying furniture. During the rental period, the following are deducted from the income: the rent, the cost of apartment insurance (0.1% per year), the costs of the manager who takes care of the rent (10% of income), the apartment tax (8.5%), the expenses for refreshing the premises every ten years, and minor repairs every three years.

The calculations were based on 18,096 rental announcements and 37,667 apartment sales announcements (unique, i.e., excluding duplicates). Results were published only if the number of ads was not less than 100. Analysis concerned apartments which appeared in online ads from February 1 to February 28, 2021.