eading overseas is part
and parcel of the modern In 2004, Poland joined the EU
property investor’s lot - along with nine other countries
and Poland has not escaped the and since then it has offered
attention of the more astute many more opportunities for
investor. external investors. Individuals
from other EU countries are now
Investing in property in Poland free to buy property in Poland,
is a choice that is looking more which has worked wonders for the
appealing for property investors housing market.
seeking easy financing options,
as well as cheap properties that Although entry to the EU is
offer good capital and income historically the point that house
gains. prices start to rise, the
process, nevertheless, takes
At the moment, the rental market several years and experts believe
is very much in the emerging that Poland still has a lot more
category and rental yields are to give.
generally around the 4 to 6
percent mark. One thing that has been hugely
beneficial to Poland is the
Most investments are currently economic stability that has been
being made in the urban regions forthcoming, after joining the
of Poland such as Warsaw, Lodz, EU. In order to enter the EU,
Krakow and TriCity, although Poland had to ensure that it met
there is an increasing trend the rigorous standards required;
towards rural investing and furthermore, Poland looks set to
developing, which is gaining enter the European Single
momentum thanks to a growing Currency in 2010. Meanwhile,
tourist trade. Poland’s economic status goes
from strength to strength and investors from around the globe.
more inward investment has
followed, driving house prices The Chief Economist from CU
upwards. Investment Management has
suggested that the current trend
Having gained this extra economic of increasing prices of 25
strength, people are flooding to percent per annum will eventually
the region and the capital, drop more towards the 8 percent
Warsaw, is set to see its per annum mark.
population double by 2010, a
factor which is likely to Poland is also a wonderful
continue to fuel the property location for investment, as it is
market. the transportation hub for Europe
and is, therefore, encouraging
Although the Polish residential considerable inward migration,
market has seen a huge rise in which is likely to ensure that
prices, over the last three property prices remain upwardly
years, in some affluent areas mobile for years to come.
house prices have risen by as Finally, moving away from the
much as 50 percent and analysts communist era, Poland is not to
believe that the market is still be overlooked by outward looking
very much on the up. property investors.
It is estimated, currently, that Overall, Poland makes a superb
there is a deficit of long-term investment with
approximately 1.5 million promising capital gains. However,
properties and a further 3 in the short run, financing may
million that are in need of need to be arranged while the
renovation. These figures, rental market gains the necessary
unsurprisingly, are attracting strength to support the buy to
let market.
About the Author:
Providing essential information on buying property abroad, Tem Pearson is dedicated to offering all the necessary information for people looking to buy property in different countries. Visit www.buying-property-abroad.info for all the best info.
Read more articles by:
Tem Pearson
Article Source: www.iSnare.com 
