In line with its economic transformation, Poland property has attracted interest from overseas buyers, mainly from the UK, Ireland and Germany, who were quick to identify the investment opportunities property in Poland presented.During 2006, average Poland property prices rose 33 per cent, with some cities such as Krakow, seeing much higher figures than this.Much of the overseas interest in Poland properties has come from a pure investment point of view, and was originally heavily focused on new-build residential property in Warsaw and Krakow.In this climate, the lack of property in Poland, combined with an emerging Polish middle class and a huge number of international corporate workers has created a large market for suitable rental property in Poland.Warsaw is still an attractive option for property in Poland. One of Europe’s fastest growing cities, the number of professionals relocating there is set to double by 2010. The right deal in the suburbs could still offer good capital appreciation and rental yields of around six per cent.Between 2005 and 2007, Poland property prices in Krakow went up by around 100 per cent but in the next year a five to ten per cent rise is anticipated.Poznan sits on an important arterial route between Warsaw and Berlin. It has many elements in place that make it a good potential Poland property investment – it is growing fast, has high employment levels, a young, well-educated population, the second-highest average salary in Poland after Warsaw, and a short supply of new build, high-quality Poland property.Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.
