Property for Sale in Poland

Property in Poland is increasingly attractive investment opportunities for overseas buyers, and since Poland joined the EU in May 2004, much of the red tape that used to surround the property market in Poland has been removed.

 

It has been estimated that 15 Billion Euros will be invested into Poland over the next five years. That, combined with a strong economy and the introduction of the Euro in the near future, makes Poland the number one choice for many Investors.

Most industry experts who are watching the real estate market in the Polish Republic now believe that the buying and selling of real estate in Poland by foreign nationals will increase even more over the course of the coming decade. This will include activity by foreign nationals in the commercial, industrial and residential real estate markets in Poland

You can only buy a home in a completely straightforward way if you have Polish nationality.

If you do not have Polish nationality and are buying a holiday home you have to apply for permission from the Polish Home Office which must be obtained before you complete.

Citizens of the European Union, Island, Norway and Liechtenstein are free to purchase and own any real estate in Poland other than farmland and forests. As regards residential property they should make a pledge that it will be their fixed abode and they do not own other domicile in Poland.

Krakow is the second most important real estate market in Poland (after Warsaw, the country's capital city) and the most attractive city to live in. Foreign investors snap up about 70 percent of flats for sale in the most attractive Old Town central district or close to it .