| Poland
or Polska is located in central Europe between Germany,
the Czech republic and Slovakia along with many other
countries. Poland is the 69th largest country by large
area in the world and has a population of 38 million
located mainly around the two major cities, Warsaw and
Krakow. The capital appreciation potential in Poland
continues to increase as tourism and foreign investment
continue to grow. With a population of just under 40
million foreign investment continues to be attracted
by the potential buying power of this emerging economy.
With EU accession granted in May 2004 Poland is well
position between Eastern and Western Europe to capitalize
on the expanding EU trade.
Large market of almost 40 million consumers
Low unemployments in capital cities
Up to 25% capital growth per year.
Ideal location between emerging eastern countries
and the capitalized west
Properties sold after 5 years or monies re-invested
into property have no capital gains tax
VAT is not applied to properties over 5 years old
EU membership
Strong GP and FDI growth
Property in Poland is increasingly attractive investment
opportunities for overseas buyers, and since Poland
joined the EU in May 2004, much of the red tape that
used to surround the property market in Poland has been
removed. It has been estimated that 15 Billion Euros
will be invested into Poland over the next five years.
That, combined with a strong economy and the introduction
of the Euro in the near future, makes Poland the number
one choice for many Investors
Annual growth rates:
2003: Q1 - 2.2% | Q2 - 3.8% | Q3 - 4.7% | Q4 - 4.7%
2004: Q1 - 7.0% | Q2 - 6.1% | Q3 - 4.8% | Q4 - 4.9%
2005: Q1 - 2.1% | Q2 - 2.8% | Q3 - 3.7% | Q4 - 4.3%
2006: Q1 - 5.2% | Q2 - 5.5% |
It is expected that the Polish real estate market will
continue to attract larger numbers of foreign investors
as the Polish economys rapid and stable development
continues to directly impact real estate prices. You
can view our range of apartments, houses and other investment
properties in Poland by using the search bob on the
left.
|
News
