Real Estate / House prices in Poland to drop more or rise again? [228]

Just bought a lot on the the countryside, after having made my experience in the Polish property market and seen that prices are still decreasing in Cracow as well as in Warsaw.

I recognised that lots of questionable people are in the Polish market as well as in other European markets...so what?
Waiting for a mortgage loan now I can only contribute to this discussion that it doesn't matter where you live in these days because business has become an international face and I am not sure whether the Polish market has its own rules....speculation is only interesting for those who want to destroy the European stability of the last decades. I have made my decision for Poland.

Real Estate / House prices in Poland to drop more or rise again? [228]

I am not sure - milky - if one can say it generally, that prices are falling. We decided against Warsaw last year because we felt a big bubble. You are probably right with you clear opinion. There is much speculation in the market and all negotiations we had there were characterised by the try to sell flats quickly. When checking the contract our lawyer said a clear no to sign in because there were so many questionable parts in the contract. The last what I heard was that big buildings like the Angel City in Cracow are still empty. There is obviously no demand at the moment.