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It's Official: Poland Takes Silver regarding Investment Abroad


Hobbitual  
12 Oct 2006 /  #1
Just watched "A Place In The Sun", channel 4 (UK/GB).
Poland comes second only to Romania as a good investment abroad for Britons!

This link confirms:

channel4.com/4homes/ontv/place_in_the_sun/20_make_money-4.html

Wait for future posts:-

Polski "bastard English you take me job an have crap shit no good you do"

Britski " I have very poor wages. My islamic boss, the sultan of Birmingham says my daughter fetch too little money so I try sell wife but no good so I come here for better life!"

LOL
hello  
12 Oct 2006 /  #2
Well, we'll have many TESCOs, REALs and other shopping malls there. But who's gonna afford shopping sprees? :)
OP Hobbitual  
12 Oct 2006 /  #3
The Poles apparently. According to the said programme, property prices are just starting to rise and will continue to do so favourably...
hello  
12 Oct 2006 /  #4
The problem is that foreign speculators jack up prices for Polish real estate and they are also major buyers (thru so called "Polish agents" who act as middle men to buy property in Poland).
OP Hobbitual  
12 Oct 2006 /  #5
Well that maybe so. I'm only reporting what I'd watched (orig. post).
That said, your point is probably true in all territories foreign to the UK. Afterall, If you were a bilingual Briton attempting to make good in the country of your choice wouldn't you "big it up" ?
hello  
12 Oct 2006 /  #6
Well, that IS so, believe me (I live abroad and was asked twice to act as a middle-man to buy a property in Poland because having a Polish citizenship it's no problem). Poles in general can only afford to buy an apartment [if both wife and husband both have decent jobs]; a house near the city is beyond their financial power.
OP Hobbitual  
12 Oct 2006 /  #7
Either way, what works, works.
spiritus  
12 Oct 2006 /  #8
This program was repeated tonight. Basically they do a run down of the top 20 EU countries which are the most likely to see the highest growth in property prices over the next few years...........Poland claimed second spot !

Did anyone else see it ?
Wladek  
12 Oct 2006 /  #9
It's a very bad news for the Polish people. Because speculators will flock to Poland even harder and an average Pole soon will be able to afford a balcony at least.
OP Hobbitual  
12 Oct 2006 /  #10
This program was repeated tonight. Basically they do a run down of the top 20 EU countries which are the most likely to see the highest growth in property prices over the next few years...........Poland claimed second spot !

LOL, I was just about to redirect you here from your post, but you realised in the end!! :)

It's a very bad news for the Polish people. Because speculators will flock to Poland even harder and an average Pole soon will be able to afford a balcony at least.

I think I understand you correctly. Just one correction to your post:
"and an average Pole soon will be able to afford a balcony at best"

:)
spiritus  
12 Oct 2006 /  #11
sorry hobbitual:)

My friends in Poland tell me prices are rising rapidly ! They were showing double digit growth last yeat in certain hot spots but even less glamorous towns are now starting to take off e.g. Czestochowa.

Although prices are moving beyond the reach of many Poles the growing popularity of mortgages is making home ownership more attractive.
OP Hobbitual  
12 Oct 2006 /  #12
Welcome to the 'free market economy'. Enjoy your stay.

(Just don't end up homeless, or the kids roaming the streets will kick you..)
Shelley  
12 Oct 2006 /  #13
spiritus - the same could be said for the UK, average house price where I live is about 200,000 and thats for a shity terrace!
scouser  
12 Oct 2006 /  #14
you poor poles how will you cope with rude ignorent english neighbours lol
Shelley  
12 Oct 2006 /  #15
lol maybe 10 english peeps will move into one house and have parties every night all night!!"

my above post was a joke and those who have seen some of rubbish posted on here will understand
spiritus  
12 Oct 2006 /  #16
Shelley,

I have just read one of your other posts and see you are not far from me....I'm in Bolton.

Prices are stupid over here also. I am seriously considering buying something in Poland over the next 6 months to use as my pension fund.
Kowalski 7 | 621  
12 Oct 2006 /  #17
I understand Romania but Poland? We are CLOSED here for 9 months and we all were lucky recently with that type of summers we had. For weather reasons Portugal and Romania should top Poland it terms of estate atraction. Property at Baltic may look very cool in summer but go there in March or September and you'd see as Polse say "dogs barking with their asses" psy dupami szczekają.
OP Hobbitual  
12 Oct 2006 /  #18
you poor poles how will you cope with rude ignorent english neighbours lol

LOL, for a moment I thought you wrote "you poop holes.."

:) :)

you'd see as Polse say "dogs barking with their asses" psy dupami szczekają.

Fuckin' a !
LOL

We have a saying here:-
"Arse twitching like a rabbits nose".

ROFL :) :)
Shelley  
12 Oct 2006 /  #19
spiritus - Prestwich
spiritus  
12 Oct 2006 /  #20
Hi Kowalski,

I think there are two types of property investors.

1/ People who want to make money from property but also want to get some sunshine on their backs so choose countries with a warm climate e.g. Spain, Portugal, Bulgaria (to a certain extent) etc.

2/ People who want to make money from property and don't care where they invest as long as the profit margins are good.

Poland falls into the latter category.
Shelley  
12 Oct 2006 /  #21
spiritus - if buying in a popular city, say Krakow, you'd make a killing rental potential would be massive also it's a fab place to be
OP Hobbitual  
12 Oct 2006 /  #22
Poland falls into the latter category.

Sad but true.
However, look on the bright side. As global warming continues, the mediterranean will become more like the Sahara and northern Europe the Med. It's not all bad..
scouser  
12 Oct 2006 /  #23
or toruń near the wisła
spiritus  
12 Oct 2006 /  #24
Shelley,

I know but my indecision has cost me. Krakow is getting just TOO expensive. Wroclaw and Tri City seem to be more affordable and look likely to increase dramatically over the next year.

I'm kicking myself for missing out on the new Sea Towers development in Gdynia :(

You're right about Krakow-I spent 3 days there in May. I even treated myself to one night at the Wentzl.......beautiful views !

Although it's fast becoming a destination for English stag parties which is not so good in my opinion.
Shelley  
12 Oct 2006 /  #25
Im off to Wroclaw in Dec and back to Krakow in Feb...I know what you mean about the stag parties - that really got on my nerves....I started going to Prauge many years ago and have steadily seen it's decline...such a beautiful place but full of stag and hen parties
iwona 12 | 542  
12 Oct 2006 /  #26
you poor poles how will you cope with rude ignorent english neighbours lol

We will survive there I am learning your sarcastic attitude very quickly.:)

I also watched this program. I think that properties in places like Krakow, Gdansk, mountains.... will grow. But not everywhere.

Krakow prices are growing very quickly and demand is really big.
I am thinking about buying flat there ( they will be built in a next 1-1.5 year). I hope to pay no more than 40-45 thousand pounds for 1 bedroom flat.

/ People who want to make money from property but also want to get some sunshine on their backs so choose countries with a warm climate e.g. Spain, Portugal, Bulgaria (to a certain extent) etc.

2/ People who want to make money from property and don't care where they invest as long as the profit margins are good.


I suppose so. It also depends what someone likes. Spending all days on the beach can be little boring after while. Krakow has much more to offer on culture, sipritual filed.

lol maybe 10 english peeps will move into one house and have parties every night all night!!"

maybe we should invite Freddie:) for one of these parties?
spiritus  
12 Oct 2006 /  #27
I've heard that Wroclaw looks stunning after it's recent makeover. Try and see the Panorama Raclawice painting not far from the Old Town. It's a very unique piece of artwork that is well worth a visit.

You've probably got your accomodation in Krakow already sorted but if not I hope you don't mind me giving you some unsolicited advice.

Instead of staying in hotels have you considered renting an apartment ? I did this back in May and will definitely do it again. I rented a 60 metre squared, fully renovated apartment on Ul. Grodzka literally a 1 minute walk to Rynek Glowny. I think I paid about £ 40 a night but this is for the apartment and NOT per person. This particular apartment could sleep between 3-5 people so it's possible for the price per head to be very very cheap.

You sound like you've been to Krakow a few times so forgive me for making another suggestion but I would also recommend seeing the Leonardo da Vinco painting "Lady with Ermine" at the Museum Czartoryskich. Only six cities in the world can lay claim to housing a Da Vinci oil painting and Krakow is one of them........it's a shame not to see it.

I totally agree Iwona. I would choose Krakow over any of the other destinations without any hesitation.
Shelley  
12 Oct 2006 /  #28
have you considered renting an apartment

I did that last visit and will be doing so again, Im not over keen on hotels
Ive only been once but fell in love with the city, it's truly amazing.
Uuuf  
12 Oct 2006 /  #29
The problem is - even the biggest Polish cities are like small villages compared to those in the UK, Germany (not to mention the US) - not only because they have less people living there, but because of lack of attractions. Someone mentioned Wroclaw.. or Cracow - OK, the main square, but what else? You can basically walk around the main attractions in a couple of hours... Then what? Visiting blocks of apartments outside the main square........ or foreign shopping centres?
Kowalski 7 | 621  
12 Oct 2006 /  #30
So what do you have in Dresden, Stuttgart or Munich that is lacking in Wroclaw or Gdansk?

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