The market for office space sales in the Upper Silesian conurbation

Every company should have its own premises. The Upper Silesian conurbation, thanks to its excellent connections not only between individual cities but also with the other regions of Poland, is seen as an ideal place to set up an office. That is why the office space market is developing here extremely dynamically, and the largest outsourcing centres in Poland are locating their offices here. So what does the market for offices for sale look like in the industrial heart of our country?

Most offices for sale are in Katowice – 171 listings, which is 39% of all listings in the Upper Silesian conurbation. In second place is Gliwice with a mere 33 listings, and in third Chorzów with only one listing fewer.

Source: data from morizon.pl, October 2015

Office space prices in Silesia

We will pay the least for 1 m2 of office space in Ruda Śląska – 1,013 PLN. The average price of a property there is 710,000 PLN, which gives an average area of 701 m2. The smallest offices are in Tarnowskie Góry – their average area is a mere 252 m2, so a potential investor would pay 1,479 PLN per 1 m2.

For comparison: in Katowice 1 m2 costs 3,616 PLN on average, and in Tychy 4,856 PLN. It follows that for an office space of 500 m2 we would pay on average 1,808,000 PLN in the first city, and as much as 2,428,000 PLN in the second.

At first glance, the units with the largest average area are in Jaworzno, where it is 2,987 m2. This, however, stems from the fact that Jaworzno has only four listings, all of a very high standard. The second-highest average office area is to be found in Sosnowiec, which has 25 office units for sale – there it is 1,368 m2.

Source: data from morizon.pl, October 2015

The price of office space across the whole of Silesia is pushed up by a building in Tychy with the largest usable floor area in Silesia, 9,346 m2 – to obtain ownership of the property you have to pay 8 million PLN. The current owner has a valuation providing for refurbishing the building and bringing it up to current standards. The potential cost of renovation is 3 million PLN, but given that the building was previously let, with a monthly income for the owner of 142 thousand PLN, it turns out that the investment would pay for itself within a few years.

READ ALSO – WHAT SPACE SHOULD YOU CHOOSE FOR AN OFFICE?

The most expensive office unit in Silesia…

This is not, however, the most expensive property of this type in the voivodeship – that one is in Katowice, costs 33 million PLN, and has an area of 5,500 m2. The office building stands in the very centre of the city, near the railway station and the Voivodeship Office. It is equipped with CCTV, an early fire warning system and solutions that make it easier for disabled people to get around.

…and the cheapest

The cheapest property, on the other hand, is in Ząbkowice in Dąbrowa Górnicza, in the local Business Park – an area designated specially for entrepreneurs from various sectors. The room itself has an area of 16 m2 and is situated in a two-storey office building with CCTV. The small space translates into a low price of just 32 thousand PLN.

As you can see, the market for office space available to buy is very varied. It should be remembered, however, that in many cases renting office space will prove more cost-effective than buying, which we will write about in future posts.

Are you looking for an office to rent in Katowice? Or perhaps you want to buy office space? Get in touch with our experts!