LOCATION: Poland

POPULATION: 38,536,869

INFLATION: 1.4%

GDP: 6.1%

GOVERNMENT TYPE: Republic

COUNTRY AREA: 312,685 sq km

COUNTRY BORDERS: Belarus, Czech Republic, Germany, Lithuania, Russia, Slovakia, Ukraine

NATURAL RESOURCES: Copper, Coal, Salt

COAST LINE: 491Km

MAJOR INDUSTRIES: machine building, iron and steel, coal mining, chemicals, shipbuilding, food processing, glass, beverages, textiles

MAJOR TRADING PARTNERS: Germany, Italy, France, UK, Czech Republic, Netherlands, Russia, China


Poland is an ancient nation that was conceived near the middle of the 10th century. Its golden age occurred in the 16th century. During the following century, the strengthening of the gentry and internal disorders weakened the nation. In a series of agreements between 1772 and 1795, Russia, Prussia, and Austria partitioned Poland amongst themselves. Poland regained its independence in 1918 only to be overrun by Germany and the Soviet Union in World War II. It became a Soviet satellite state following the war, but its government was comparatively tolerant and progressive.

Labour turmoil in 1980 led to the formation of the independent trade union "Solidarity" that over time became a political force and by 1990 had swept parliamentary elections and the presidency. A "shock therapy" program during the early 1990s enabled the country to transform its economy into one of the most robust in Central Europe.

Poland joined NATO in 1999 and the European Union in 2004. With its transformation to a democratic, market-oriented country largely completed, Poland is an increasingly active member of Euro-Atlantic organizations.

All factors indicate that Poland will experience a real estate boom experienced like that in Ireland and England.

Ten key factors point to long-term growth:
∙ All-time low interest rates
∙ Growing populations in the capital and key cities
∙ Deteriorating existing housing stock
∙ Strong GDP growth
∙ Strong real wage growth
∙ Low unemployment in the capital city
∙ ?EU-phoria? - strong consumer confidence after joining EU
∙ Future introduction of the Euro
∙ Reduced barriers to entry
∙ Strong FDI growth

The Last 2 years saw residential prices rise more than 10% per year, with some districts of Warsaw seeing 50% growth. The average transaction price on the secondary market rose from 3,700 PLN (925 EUR) per sqm to 4,030 PLN (1,000 EUR) per sqm last year, while actual sale prices in the city centre rose to an average of 6,600 PLN (1,650 EUR) per sqm.

The highest prices for new developments are in the city centre, which has a real lack of new product. The price of new build flats in the city centre range from 5,900 PLN per sqm to as high as 16,000 PLN per sqm (1,475 to 4,000 EUR). To this price count on adding the additional cost of fit-out (150-375EUR per sqm).

Click here to see how Polands' "Zoning" is driving up property prices

Mortgages
Low interest rates are stimulating demand, and the volume of new mortgage loans has doubled each year for the last three years. Current rates in PLN are 4.26%, and rates in EUR are 3.31%. Mortgages are available (even to overseas nationals) in GBP (4.84%), USD (5.56%), and CHF(1.71%). Over 4 billion EUR worth of home loans were given in Poland in 2004. The maximum lending period is 30 years and the credit may be granted up to 100% of the property value, although 80% loan-to-value is more common.

ECONOMY:
For the last decade the Polish economy has been growing rapidly. The country?s GDP growth rate of 5.4% was extremely high in 2004; this rate, the highest for seven years, is especially strong for a major economy the size of Poland?s. Growth in 2003 was 3.7%.

Merril Lynch, a leading global financial management and advisory company, forecasts a GDP growth rate for the Central and Eastern Europe region at 3.5% per year on average over the next five years. Poland looks set to remain within these forecasts. Although GDP growth slowed slightly to 3.3% in 2005, it is forecast to pick up to 4% in 2006 and 4.3% in 2007. The western part of Europe is expected to experience an average growth half that rate.

The large influx of Foreign Direct Investment drove the Polish zloty up 15% against the Euro in 2004. Poland joined the EU in 2004 and is widely expected to join the Euro currency in five to seven years. Unemployment has dropped significantly by 1.8% to a level of 17.3%. Also, inflation was lower than in 2004 falling to 2.2%.

Property for sale in Poland

When considering purchasing real estate in Poland, talking to our experienced and professional staff will help make your Poland property investment simple and straight forward. We aim to answer your questions about property for sale in Poland, and recommend that interested clients considering Poland Real Estate, view the section ?Poland Property For Sale? on our website, and then let us help find you the best investment property in Poland, whatever your budget.

For the best investment property in Poland, look no further than PropertyGem. We are dedicated to finding you the ultimate in Poland properties for sale. With many examples of Poland property for sale and with many varied areas to choose from, Poland property investment opportunities are becoming increasingly desired.

We offer clients a professional and personal service designed to help you find the most suitable investment properties for sale in Poland. All of the properties in Poland that we market offer excellent investment profiles, and helping to find you the most suitable investment property in Poland is our prime objective. Poland is one of the most exciting property investment destinations in Europe, now offering an amazing array of property for sale in Poland.

We have helped many clients build valuable property portfolios, by acquiring off plan investment properties in Poland. When choosing Poland real estate you can look to us in the safe knowledge that we will provide you with valuable investment opportunities by supplying the very best investment property Poland can offer.

Lodz
PropertyGem.com is able to offer investors advice and assistance in buying a property for investment in Lodz. We work to provide our clients with the most up to date information on current property in Lodz, available by developer and individual project.

Many investors looking to invest in property in Poland consider looking for property in Lodz, as Lodz has become one of the most attractive investment destinations in Poland. Lodz itself was first recorded in 1332, and offers a rich cultural history, although more recently, it has become popular with property investors looking for off plan property investments.

Lodz is one of the largest cities in Poland, and is located in the heartland of Poland, making it an excellent location for new companies looking to relocate to Poland, and as a consequence of this, Lodz has enjoyed strong property price growth over the last few years, and remains on e of the top destinations for investors looking to buy property in Lodz.

PropertyGem.com offer clients a professional and bespoke service and all of our knowledgeable and experienced members of staff are able to offer advice and assistance to investors looking to secure the best property investment in Lodz.

Katowice
PropertyGem.com can offer a complete advisory service to help investors make the right decision when searching for a property investment in Katowice. PropertyGem handle a wide range of property in Katowice, and can offer clients a wide range of investment opportunities.

Katowice has the second largest business centre in Poland, and property in Katowice is in demand from both residential and commercial investors. Due to the rapid expansion of the city, the local property market is expanding, making property investment in Katowice an attractive proposition. Katowice is located in Southern Poland, where the climate is similar to that of the UK, and is steeped in history, and offers investors looking to purchase property in Katowice, especially in the city centre, an interesting combination of traditional and new built properties to consider. The old centre and marketplace of Katowice has been recently pedestrianised to provide wide shopping promenades, and parts of the Rynek are undergoing regeneration to further enhance the facilities.

With a wealth of interesting projects currently available, PropertyGem are able to assist clients when purchasing a property in Katowice.

Warsaw
With an ever growing list of property for sale in Warsaw, PropertyGem can offer a wide choice of interesting Warsaw properties for sale. PropertyGem have excellent local market knowledge, and are able to provide help and advice for investors looking to buy property in Warsaw, and no-one works harder to help you find the right investment property in Warsaw.

Our aim is to present you with the best property for sale in Warsaw Poland has to offer and with an unprecedented range of Warsaw properties for sale, we are confident that you will not be disappointed. Each and every Warsaw property for sale is carefully chosen by PropertyGem to offer you sound peace of mind and the ability to ensure that your property in Warsaw will be an excellent property investment that awaits you.

There are many types of investment property in Warsaw available, including some of the most luxurious and exclusive apartments and developments that can be found in Poland. Warsaw is the capital city of Poland, and besides being the countries largest city, is also the 8th largest city in Europe. Situated on the Vistula River, the city offers investors many compelling reasons to invest in properties for sale in Warsaw.

PropertyGem can help you to find the best investment property in Warsaw, and assist you in all aspects of your property investment. Our experienced staff members have first-hand experience of the property investment market in Warsaw, and are able to offer assistance and guidance.

Krakow
Visit the propertygem.com website for an extensive range of investment properties in Krakow. PropertyGem are able to offer investors a wide choice of investment opportunities, and our local contacts help to ensure that we are always able to offer the best property investments in Krakow

Krakow dates back to the 7th Century and is one of the oldest cities in Poland. From the historical and ancient, to the modern, contemporary and present-day properties in Krakow, each property investment in Krakow that we list at PropertyGem exuberates excellence and refinement. Krakow is also the third largest city in Poland offering a unique insight into its cultural, scientific and artistic life, as millions of tourists, both local and international, flock to Krakow each year.

PropertyGem source and identify suitable residential projects in Krakow, offering excellent capital and income growth potential. Known as one of Poland's emerging investment destinations, a property investment in Krakow will offer investor?s excellent potential returns. Talk to our friendly, professional team and we can help you find the most appropriate property in Krakow.