Investment
property prices in Poland are lower than London and Paris but
are rising quickly ......the time to buy is now. your investment
partner of choice is SEP.
The Economy
Poland’s economy continues to go from
strength to strength, with 6.1% GDP growth in 2006 and 6.5%
growth in 2007. Inflation was 2.5% last year. Interest rates
are at an all time low and not expected to rise through 2007.
Corporate profits taxes remain low at 19%. Uemployment rate
in Warsaw is 5% or less (nationally unployment is less than
11%). Poland's population of 39 million and a GDP of USD$413.3bn,
accounts for 52% of all the accession states population and
42% of their GDP. Poland is ranked 4th in the Top-10 global
investment destinations and 1st in planned investments in Europe.
Capital Growth
The property market in Poland is providing
investors with above average growth and a further growth of
between 10 – 25% p.a. is expected based on recent trends.
Expected ROI is estimated at twice that of Spain, four times
that of Germany.
Ease of Purchase
Foreigners can freely buy and sell property
in Poland – key cities in which to invest are Warsaw,
Krakow, Poznan and Wrocklaw.
Urban Migration
Migration to the major urban centres, including
Warsaw and Krakow, is driving rental demand and capital growth
– good news for the investor
Financial Markets
Low interest rates are stimulating property demand and growth
and are projected to do so into the future.
Emerging Market
The country is still very much an emerging market and now is
the time to step onto the Polish property market or expand current
holdings.
Supply & Demand
There is a current shortage of residential rental accommodation
and this bodes well for investment in Polish property.
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