Polish Opportunity Gone?
Will (PRO Member) Polish Opportunity Gone?
Posted: Dec 21 06 10:48
Total Posts: 32
Users Rating: unrated

Firstly can I say well done to all those investors who have bought into Poland and seen an excellent capital rise in the last year. I myself hold a number of properties in the UK and Czech Republic. Whilst I was attracted to Poland I held off due to worries over the lack of a strong rental market and concerns over obtaining a decent geared mortgage. As you can imagine I'm kicking myself now. However, given the big rises hasn't the Polish market got ahead of it's self? I read on here of a number of potential investors scrambling to chase that growth but hasn't the horse bolted already? How are the locals going to afford to buy at these new levels or rent to give investors a decent yield? I am not trying to put a downer on this but would like to here others views. In general don't he latest £/Sq Ft offerings make places like Berlin and Prague for example look undervalued undervalued? Although I note there are reports of the Czech market warming up again. I guess what I really want to know i whether's any mileage left in Poland or should we be looking elsewhere. Finally I repeat well done to all those who wisely (or otherwise) invested in Poland and have done well. Happy Christmas to all Will

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Erico Rocha (PRO Member) Neil - Anna - Robert
Posted: Dec 21 06 12:11
Total Posts: 15
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Hi Will, I have expressed my views on this on a early post. I would be interested to know what say Neil Lewis or Simon B. or Anna from PS or Robert C. from Rednet have to say about this point. These are the ones looking full time (negociating deal after deal) on this market. PS have a vested interest in a booming Polish market, however PS is not tied to Poland and if he thinks the growth may be at the top why not go to other markets?

Neil, Anna, Robert, Is there more growth to come in Poland in our view. Why? Where? Thanks, Erico

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