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Sandomierz, Tarnobrzeg, Rzeszow, or Krakow. Which city is better for investments in Poland?


ew27 1 | 18
8 Feb 2015 #1
I am trying to do some research to see if Poland has anny opportiunities for investments in the building industry. Please give me feed back on Sandomierz, Tarnobrzeg, Rzeszow, or Krakow and which are Real Estate agancies best to look at.
Adi - | 12
8 Feb 2015 #2
Hi. Why only those four cities? There are much better cities for investments in the building industry.
Jane D 1 | 9
8 Feb 2015 #3
Not sure but Rzeszow could be good: it's growing, not many investors ( so less competition), land is cheap.
pigsy 7 | 305
10 Feb 2015 #4
Yes eastern Poland is the place where the chances of investment are still great as in 2005 onwards in the western Poland.
Wroclaw Boy
10 Feb 2015 #5
You're about 10 years too late.
OP ew27 1 | 18
11 Feb 2015 #6
Merged: Sandomierz, Tarnobrzeg, Rzeszow, or Krakow. Which city is better for investments in Poland?

What makes you say that we are 10 Years too late? Do you think theres not much there for imporvment? The way I see the building industry in Poland is that theres so much appartments that need renovation, but theres not much suburbian life in those cities as well. Not much availability in housing sector, where customers can view established homes (Display Villages) before purchasing it off the plan. Or am I totaly off the scale...
Nathans
11 Feb 2015 #7
My non-expert opinion into Poland's property market tells me the further the Eastern border the better. Obviously, Krakow is likely to remain popular, but its potential is not as good as Warsaw, Wroclaw, or Gdansk (for example). Having reviewed the map, I'd personally go with Tarnobrzeg - it is in the middle of the bigger cities, has good highway access to Sandomierz or Rzeszow and is located near a considerably big lake which may attract investments in the future. The price of real estate may still be reasonable there too.
OP ew27 1 | 18
11 Feb 2015 #8
Thank You Nathan, there is few appartments being built in Tarnobrzeg near the lake, that I have noticed last months visit to that place. I have to say it is quite attractive area. Sandomierz is attractive as well with the old town squre but is there much drive for the consumers to purchase properties in those areas?
Nathans
11 Feb 2015 #9
I sometimes correspond with someone who lives in Latvia (Riga - the capital of Latvia). He says that he doesn't see much potential in his local region despite it's the capital of a EU country. Most young people live to the Western countries where they can make more money.

But who knows what's going to happen in 10 years; maybe Poles who currently work in UK, Germany, Norway etc. will go back and they will be the ones to buy such properties. It's likely most of them will come back after they secured their financial future. Yes, locations near the natural places like lakes or mountains should be the first to attract potential buyers.
NocyMrok
11 Feb 2015 #10
Zielona Góra maybe? Its western part of the country and since 2015 local government assimilated small boroughs making the city 6th largest in Poland (area-wise). Theres an University and Speedway. I can be biased, though. :)
weeg
11 Feb 2015 #11
The places to invest in property is where the population is predicted to increase, not fall.
Wroclaw Boy
11 Feb 2015 #12
Yes, locations near the natural places like lakes or mountains should be the first to attract potential buyers.

They will be the last place to attract buyers, you cant earn a living in such places.

but is there much drive for the consumers to purchase properties in those areas?

No, Sandomierz is a poor city, unemployment within that area is extremely high. Some of the towns around that area are practically ghost towns where majorities aged between 24 - 40 have left in search of work. Look at the rental market, i expect you can rent 60m2 flats for about 400 - 600 PLN / month. This says everything you need to know.
Nathans
11 Feb 2015 #13
you cant earn a living in such places.

You don't buy near beautiful places to earn a living; Mazury, Baltic sea, or Tatra mountains are very popular and expensive despite they don't give a lot of working opportunities.
Wroclaw Boy
11 Feb 2015 #14
Related:

Info about Tarnobrzeg?

I have found a job in Tarnobrzeg that I am considering. I am having a hard time finding ANY information (in English) on the city. Any links or opinions on the city?
Also, I would be moving there with my husband- we're American. and don't speak Polish- is there much likelihood that he could find a job? He's a chef (and won't really want to teach English).

Tarnobrzeg is not a big town, about 50.000 people, can't say much as I've never been there. here you go (should always try wikipedia): en.wikipedia.org/wiki/Tarnobrzeg.
OP ew27 1 | 18
12 Feb 2015 #15
Is there any investments for the future? Its so sad to see such a beautiful area go to waist. The old town squre has its potential.

You are right, which place do you think is best in your opinion. I know lots of Pols left because of work but they might come back and invest with their hard earnd money. Theres always a sentimental feeling that you get from the place were you were born/grown up in.
Wroclaw Boy
12 Feb 2015 #16
they might come back and invest with their hard earnd money.

They have been saying that for almost 10 years and so far it simply hasn't happened. The Poles in the UK all say they will go back but hardly any of them do or will. They have mortgages in the UK, pensions, children in the education system but most importantly (within a monetary based society) jobs and careers. If they go back and invest money what next?

Its so sad to see such a beautiful area go to waist.

Define waste, a beautiful area is a beautiful area, developing it could be termed as a waste.

Is there any investments for the future?

Yes lots, awareness and education is the key. Try not to think in terms of profit but more about sustainability about how humanity intends to survive long term on this planet.
English teacher
13 Feb 2015 #17
Eastern POLAND has lots of appurtunities as people earning from abroad are willing to retire there. They are slowly building there homes with there western earned money. I also believe POLAND will be like Sweden in another 25 years.


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