Law / What is the hardwood lumber demand like in Poland? [26]

i have not seen any cherry commercially grown in Poland. There are some stands of walnut though. Poland produces a lot of beech and oak and huge quantities of softwood.

Cherry and walnut are not used for construction purposes at all in Poland.

Real Estate / Interesting Article on Polish Real Estate [33]

the Polish real estate market is overheated. if you compare prices in Berlin, with the salaries that Germans earn, then there is a huge discrepancy. Housing in Berlin is cheaper than in Warsaw. Also if the recession bites in the US and Western Europe, then all these employees working for Western firms in Poland will find there positions less secure. There are very few jobs in construction in Ireland now available for Poles.

Not only does that mean that many Poles may have to return to Poland, and will then compete for jobs with Polish who stayed in Poland.

on the plus side, unlike Bulgaria, local people have been able to afford property in Poland and the credit checks used to finance property deals in Poland are far more strictly controlled than in the UK. In the UK, it is enough to own a property to be able to secure a loan of up to 80% on that property with very scant regard as to whether you can afford to pay the money back, because if you default on your payments, the bank takes you house. whereas in Poland, you have to prove you can pay back a loan irrespective of how much collateral you have.

I am not sure if you can consider any country to be immune from global recession

Real Estate / Deals available from Polish property developers [40]

many of the houses in Bulgaria were only sold because the estate agent promised a guaranteed rent for the first two years. rather than offer you a 12,000 Euro discount on an overpriced holiday home, they promised to guarantee the rental at 500 Euros per month for the first two years.

the only problem is that the market rental for many of these homes would be in the region of 150 Euros per month.
a woman at work bought one as an investment, the problem is that she can only sell it through the estate agent she bought it from and they are busy trying to sucker in the next non-Bulgarian buyer to buy off plan because they earn more commission that way.

Sofia is not as bad an area for an investment but as for the mountains and coast forget it.

Real Estate / Deals available from Polish property developers [40]

this gives you a golden opportunity to defend the Bulgarian real estate market.

why is the Bulgarian real estate market a safer bet than the Polish real estate market?

Real Estate / Deals available from Polish property developers [40]

Hang on Lef, didn't you say in another post that Romania or Bulgaria are better investment choices?

ho hum....

Real Estate / Flat prices in the center Warsaw? [13]

Hi Danterob, you can expect to pay around 11,000 PLN per metre for an appartment in the centre of Warsaw. the average for the city is 8,000 PLN or there abouts