{"id":3091,"date":"2026-04-01T08:15:00","date_gmt":"2026-04-01T06:15:00","guid":{"rendered":"https:\/\/navimo.pl\/?p=3091"},"modified":"2026-04-01T11:49:26","modified_gmt":"2026-04-01T09:49:26","slug":"nowelizacja-ustawy-o-wlasnosci-lokali-a-rynek-gruntow-pod-zamieszkanie-zbiorowe","status":"publish","type":"post","link":"https:\/\/navimo.pl\/en\/nowelizacja-ustawy-o-wlasnosci-lokali-a-rynek-gruntow-pod-zamieszkanie-zbiorowe\/","title":{"rendered":"Amendment to the Act on Ownership of Premises and the market for land designated for collective residential use"},"content":{"rendered":"<p>The amendment to the Act on Ownership of Premises proposed by the Ministry of Development and Technology may significantly reshape the investment landscape in the segment of collective residential buildings in Poland. Although the declared aim of the regulation is to organize the market and limit certain practices\u2014particularly in the condohotel sector\u2014its effects will be much broader. These changes may directly impact the market for investment land, influencing both developers\u2019 strategies and the structure of implemented projects.<\/p>\n\n\n\n<p><strong>Key assumptions<\/strong><\/p>\n\n\n\n<p>The draft amendment provides in particular for:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>limiting, and in certain cases even excluding, the possibility of issuing certificates enabling the separation of units in collective residential buildings,<\/li>\n\n\n\n<li>introducing a mechanism of exceptions dependent on decisions of municipal authorities, which will be authorized to define conditions by way of resolutions,<\/li>\n\n\n\n<li>imposing an obligation to meet technical standards applicable to residential premises.<\/li>\n<\/ul>\n\n\n\n<p>At the same time, the draft introduces transitional provisions. According to them, the new regulations will not apply to investments that obtain a final building permit before January 1, 2027, nor to buildings completed before that date.<\/p>\n\n\n\n<p><strong>Controversies and potential consequences<\/strong><\/p>\n\n\n\n<p>The proposed changes are already generating significant controversy at the draft stage. Representatives of large cities are calling for further tightening, pointing to the need to quickly limit the influx of investments carried out in the condohotel model. At the same time, there are concerns that the deferred entry into force of the new regulations may paradoxically lead to an intensification of investment processes and an increase in the number of projects initiated before 2027.<\/p>\n\n\n\n<p>However, the greatest emotions are raised by the proposal of the Union of Polish Cities to change the approach to the cut-off date. According to this proposal, instead of obtaining a building permit, the condition for an investment to benefit from transitional provisions should be obtaining an occupancy permit before the indicated date. Such a modification could significantly limit the scale of \u201clast-minute\u201d investments, but at the same time it would increase the level of regulatory risk and, in practice, undermine the assumptions of many already prepared business models.<\/p>\n\n\n\n<p><strong>Entities affected by the amendment \u2013 scale<\/strong><\/p>\n\n\n\n<p>The scale of the market whose projects may fall into an area of increased regulatory risk is well illustrated by recent data. In the period 2020\u20132025, a total of 411 building permits were issued in Poland for collective residential buildings, of which as many as 66 were issued in 2025 alone.&nbsp;<\/p>\n\n\n\n<p>Considering the average project implementation time of around two years, it can be assumed that at least this number of projects is currently within the potential impact zone of the planned changes. In practice, however, this scale may be significantly larger\u2014some land covered by building permits, as well as projects with initiated construction logs, remain suspended or postponed, awaiting more favorable market conditions.&nbsp;<\/p>\n\n\n\n<p><strong>Impact on the investment land market<\/strong><\/p>\n\n\n\n<p>In tourist and leisure destinations, where demand from institutional investors remains relatively limited, the planned changes may significantly disrupt existing business models. Landowners who planned to carry out condohotel projects may be forced to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>change the function of the investment to a traditional hotel facility,<\/li>\n\n\n\n<li>seek alternative operating models,<\/li>\n\n\n\n<li>or\u2014in extreme cases\u2014sell prepared projects.<\/li>\n<\/ul>\n\n\n\n<p>In contrast, in the largest urban centers such as Warsaw, Krak\u00f3w, Gda\u0144sk, or Wroc\u0142aw, where institutional capital remains active, a clear shift in demand structure can be expected. Land designated for collective residential use may gradually pass into the hands of entities developing projects in segments such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>institutional rental (PRS),<\/li>\n\n\n\n<li>private student housing,<\/li>\n\n\n\n<li>senior living facilities.<\/li>\n<\/ul>\n\n\n\n<p>An alternative for current project owners may also be operators from the broadly understood \u201cliving\u201d sector, including increasingly visible and rapidly growing coliving operators.<\/p>\n\n\n\n<p><strong>\u201cRelease\u201d of land and new opportunities<\/strong><\/p>\n\n\n\n<p>The amendment may therefore effectively \u201cunlock\u201d some land that has so far remained outside the realistic reach of institutional investors. Models based on the sale of units\u2014subject to a 23% VAT rate\u2014enabled higher rates of return, which limited the competitiveness of entities operating in the rental segment.<\/p>\n\n\n\n<p>This phenomenon coincides with transaction practices observed by NAVIMO, indicating a clear shift in the approach of investors from the institutional rental sector. Increasingly, they are open to acquiring investment land, provided it is appropriately \u201cde-risked,\u201d primarily understood as obtaining a final building permit.&nbsp;<\/p>\n\n\n\n<p><strong>Increase in transactions and new cooperation models<\/strong><\/p>\n\n\n\n<p>An expected effect of the planned legislative changes will be an increase in the number of transactions in the investment land market. Many projects currently underway may not deliver the assumed rates of return under the existing model, which will likely prompt owners to revise their investment strategies.<\/p>\n\n\n\n<p>One possible direction of adaptation may be for current project owners to establish joint-venture partnerships with institutional investors. Such structures allow landowners to remain involved in the project while leveraging the partner\u2019s operational expertise and capital base.&nbsp;<\/p>\n\n\n\n<p>In practice, however, it should be noted that institutional investors usually prefer to limit the role of the existing owner to a passive function. This results both from internal fund constraints and from adopted investment strategies and exit scenarios.<\/p>\n\n\n\n<p><strong>Something ends, something begins<\/strong><\/p>\n\n\n\n<p>Paradoxically, at NAVIMO we view this transformation as an opportunity for a fresh start for many interesting projects. The changing regulatory environment may create space to redefine assumptions and optimize project structures, particularly through cooperation with institutional capital. If you are considering changing the strategy for your land in the context of upcoming regulations, we invite you to get in touch\u2014we offer support in analyzing options, restructuring projects, and identifying the optimal transaction model.<\/p>","protected":false},"excerpt":{"rendered":"<p>Proponowana przez Ministerstwo Rozwoju i Technologii nowelizacja ustawy o w\u0142asno\u015bci lokali mo\u017ce w spos\u00f3b istotny przekszta\u0142ci\u0107 krajobraz inwestycyjny w segmencie budynk\u00f3w zamieszkania zbiorowego w Polsce. Cho\u0107 deklarowanym celem regulacji jest uporz\u0105dkowanie rynku i ograniczenie wybranych praktyk \u2013 w szczeg\u00f3lno\u015bci w obszarze condohoteli \u2013 jej skutki b\u0119d\u0105 znacznie szersze. Zmiany te mog\u0105 bowiem bezpo\u015brednio oddzia\u0142ywa\u0107 na [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":3092,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_oxygen_hide_in_design_set":false,"_oxygen_tags":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-3091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-kategorii"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/posts\/3091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/comments?post=3091"}],"version-history":[{"count":3,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/posts\/3091\/revisions"}],"predecessor-version":[{"id":3097,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/posts\/3091\/revisions\/3097"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/media\/3092"}],"wp:attachment":[{"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/media?parent=3091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/categories?post=3091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/navimo.pl\/en\/wp-json\/wp\/v2\/tags?post=3091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}