Poland Investment: Economy
Poland property and land investment is directly affected by the Polish economy and it is worth looking at Poland's economic performance before investing in Polish property. The economy is currently going from strength to strength, showing notable performance since Poland's entry into the EU in 2004. Not only does Poland boast a healthy economy, but its tourist industry is fast-growing and Poland property prices have seen massive gains, meaning Poland property investment is one of Europe's top options.
Any investor considering Poland properties for investment will look at Poland's economy, which offers impressive reading; exports have doubled since 2002, Poland enjoys one of the EU's lowest inflation rates, GDP growth registered 6.5% in 2007, and Ernst & Young claim that Poland and Germany are currently the best destinations in Europe for foreign investment. Massive EU funding - set to continue over the medium term - is an additional factor in the potential for property investment in Poland.
Poland Investment: Tourist Industry
Together with its thriving economy, Poland also boasts a fast-growing tourist industry. Visitor figures grew by 6.5% in 2007 and Poland expects around 20 million tourists in 2012 with visitors from nearby Russia and Ukraine accounting for a substantial percentage. Polish cities are also popular city-break destinations; investment into Krakow property and Warsaw property offer great buy-to-let potential. Easier access - more low cost airlines now operate to and from Poland - and the fact that Poland hosts the Euro 2012 tournament both contribute to the attractiveness of Poland land and property investment.
Poland Investment: Property Potential
If you plan to buy, Poland property and land are a wise choice. Described by The Times as ‘one of the best locations to make money from property', Poland properties are currently seeing spectacular increases. Prices rose by 33% during 2006 and the square metre price for Poland property and land increased by a massive 51.6% in 2007. Warsaw property rose by over 35% and investment in Krakow property also saw high gains. Demand from Poles and tourists means that there is a very strong market for second Poland homes and buy-to-let Polish property. Without a doubt, if you are considering investing in Poland, now is the time to buy Poland real estate.
