ROD plots, or family allotment gardens, have long been considered a relic of a bygone era. It has become a sought-after and difficult-to-obtain commodity. This was proven by the pandemic, when Poles were looking for ways to rest without moving away from their place of residence at any cost. now Allotment gardens are very popular and their prices have increased by tens of percent compared to last year.
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Good news for owners of ROD plots who want to liquidate their “real estate” comes from the report of the Polish Economic Institute, as reported by TVN24 BiS. The aforementioned institute, a think-tank linked to the Prime Minister's Office, analyzed the offers on the website true.io.
It is noteworthy that at the present time “The pace of publishing new sales offers for recreational land plots has reached a level not seen for a long timeBased on the analysis of advertisements, it was noted that by the end of 2023, “in no quarter of the year did the average exceed 300 advertisements per week, while in the first quarter of 2024 there were on average 491 shows,” TVN24 reported. Bank for International Settlements.
People are selling ROD plots. Check how much it costs
The current trend seems to be developing more and more, according to experts' expectations. The second quarter may bring greater growth. In April 2024, “the market entered an average of more than 1,000 bids each week.” – Analysts expect. They emphasized that the last significant interest in ROD schemes was recorded at the beginning of the Covid-19 pandemic. Later, when the epidemic threat disappeared, the number of people interested in this type of real estate decreased significantly.
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As TVN24 BiS explains, at this point ROD schemes are back in favor and their popularity is systematically increasing. Interestingly, although the number of offers has increased significantly, prices per square meter have not decreased at all. On the contrary: the prices of land plots increased.
According to data collected by PIE, in the first quarter of 2024, you had to pay an average of PLN 331 per square meter of land, which means An increase of 38 percent compared to the same period last year. “The winter quarters – the first and fourth – are typically characterized by lower prices for recreational land. This means that Prices may continue to rise later this year.” – predicts a think tank whose opinion is conveyed by TVN24BiS.
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