If you want to make money from overseas property investment then your answer could be to invest in property Poland. In April alone the average price of property in Poland rose by 11.3%. This figure way outstrips the returns being achieved in other emerging markets.
Overseas investment property is a big business worth billions, investors are constantly searching for the next property investment hotspot. Some emerging markets may offer short term gains but Poland is a great long term bet.
Like a lot of people from North America or Europe you may not have much knowledge of Poland or its property market, but the people who have successfully made excellent returns from overseas property investment in Poland have this knowledge and use it to make money.
What do these people know? they know some key factors about why property in Poland is currently top of the overseas property investment league. Some of the reasons are:
there is a shortage of good quality property for locals, any new quality properties that come on to the market are sold quickly
there is strong local demand it is not just from foreign investors looking for overseas investment property so prices will continue to rise
Poland is receiving billions of Euros from the European Union to improve it’s infrastructure. Poland is becoming a well developed prosperous country.
cities such as Poznan, Lodz and Wroclaw are experiencing rapid property price rises ahead of the more well known cities of Krakow and Warsaw. Other smaller cities will follow and overseas property investors are aware of this
the Polish mortgage market is very open and competitive and it has become far easier for Polish people to get a mortgage
it is straight forward for a foreigner to obtain a mortgage in Poland
Poland has won the right to host the Euro 2012 Football Championships bringing in more investment, jobs and opportunities in the country
Polish people’s income is rising year by year
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