Poland » Market Report

The foreign capital coming into the Polish economy has fulfilled a very important role in the process of privatization and restructuring. The majority of foreign investment to Poland has taken the most desirable form direct investment (FDI). Such investments have meant new companies starting from scratch or enterprises already existing on the Polish market being taken over.

After 15 years of courageous economic and political reforms, Poland has strengthened its position as one of the fastest growing countries of central and Eastern Europe. As a member of the EU, NATO and OECD, Poland is a trustworthy and reliable partner for international business.

Since the early 1990s, international business has so far invested over $84 billion in Poland. This ranks Poland as a regional leader and, looking at the post-Accession FDI inflows into older EU Member States, suggests that the Polish economy is set to maintain a strong growth rate for the foreseeable future.

Tighter fiscal policy as recommended, by providing a more stable macroeconomic environment and allowing interest rates to fall, should make investment more affordable, thereby speeding capital accumulation and contributing to increasing the rate of growth of potential output. Nevertheless, additional and far reaching structural reforms will also be required to raise employment and productivity levels and speed the pace of convergence.

Industry is the largest employer in Poland different kind of products are manufactured land have different industries like fish industry, mobile industry, hydrocarbon technology industry, furniture industry, plant automation technology industry and many more.

Warsaw is one of the most important education centers of Poland. It is home to four major universities and over 62 smaller schools of higher education. The Warsaw real estate market is developing much more rapidly than elsewhere in the country. In the capital of Poland even people with enough money frequently have to spend a month trying to find a place that meets their expectations. The total retail area in Warsaw today is 125 million sq.metres.

In the residential real estate market in Poland the prices vary according to the geographic location, the year of construction and the available facilities. In Warsaw the prices range from 500 $/sq.metre to more than 1100 $/sq.metres. In the big cities near the German border houses and flats cost between $400 and $751 /sq.metre. In order to downturn the trend of prices, many small and medium size companies are buying downtown houses and apartments for residential purposes and then turn them into office spaces.

The land for building in the big cities starts at 27 - 37 $/sq.metre and can reach as high as 100 $/sq.metre in the city center in Warsaw, where unlike many other European capitals, there are still available many lots of land.

Our Forecast

International Property Brokers forecast that the Warsaw and Krakow cities in Poland offer great by to let potential, particularly with the beginning of low cost airlines operating to and from Poland. Besides these, Poland will also host the Euro 2012 football tournament, making the Poland property investment more appealing.