Poland Property...should I be scared

No its Casper, thats cool, hes got alot going for him, and on his way to a good place!

Im glad to see him, maybe Another Ania and MikeC might come over. few others.

Spiritus hasnt been on as of late, wonder whats up .

Think about it! Why the Poles leave. In previous times it was a way of earning USD and keeping those dollars hidden away in a sacrosanct Poland bank account. The Poles always had money but nothing to spend it on. Unlike the Hungarians who had their rich neighbor Austria to come and buy. They had the goods but Hungarians had no money! My son did not go to the USA to live he rather wanted eventually to get a US passport. His plans do not take in residence there. Rather he wants to live in a warm country which can provide the kind of opportunity that he seeks. I rather spoiled him with a life of travel which he finds hard to break! I'm a Brit have lived in Poland with my Polish wife for around 18 years.
I've been screwed every which way in this country but as they say love is blind. We have a good life, no contact with other expats and neither want it! I first came to here in 87 long before the carpet baggers arrived. So I know the real story. Next the Poles are pretty adventurous. They'll try anything that's going and apart from their language difficulties in other lands they do quite well. The new generation unlike the older one I doubt if they actually want to die or be buried in Poland. So they'll find it much easier to leave and not come back! I know how I feel about living in the UK. Answer is no way so I can only imagine how Poles feel.

Casper, your post about Poland sounds quite sensible for me.

well said... why is it that so many londoners think that life doesnt get any better elsewhere...?

I don't normal in everyday life lose my self control, but on the internet you are powerless.
anyway, yup property and Poland.
Thing is I realise Poland has problems, but so does everywhere. I'm not wearing rose tinted spectacles with regards to life in poland. But everything is not doom and gloom.
Poland maybe a little stagnant politically, but it has a very good future.

There are positive and negative things like everythere.In many ways we are probbaly behind west europe but at least Poland is not so political correct like Uk- I don't feel free in UK at all- whatever say it is offensive,wrong.....or like this woman working in British Airways was dismissed for wearing little cross ????????

anyway I am buying flat in Krakow very soon and I am quite looking forward ...

Poland is currently one of the best places on earth for property investment. As for the sad case above, it seems that his financial accumen is as large as his net wealth. Net wealth being the medium by which he experiences life in Poland. " Poland is still a third world country"

Thank you Johnathan, how very gracious of you. Indeed my experience is born out of my net wealth, however, this does not mean my experience is irrelevant.
Firstly not everyone is a hotshot property developer running round with large amounts of investment cash. Infact the majority of people posting on this forum and others tend to be at the smaller end of the financial scheme. I be suprized if any large scale operations are even aware of such forums exist. And what purpose they would serve for them either?

Secondly with regards to Poland being a Third World, firstly that is incorrect. The EU would not, could not allow a Third World country to enter its federal State.
It may have aspects of the Third World, but so does the UK!!! And for that matter the USA.

If you could outline what a constitutes a Third World, a Second and a First, you would discover the criteria would not apply to Poland.

If you wish to be offensive please troll on ,if not, don't. Just join the discussion with your opinions.

Giles,

I had no intention of suggesting that Poland was a third world country. I was merely responding to a comment made above that indicated it was. (quotation marks)

As for the reference to "net wealth" it was also in relation to comments made by the very same person. If someone, who has lived in Poland, can only experience the country in such a negative way as to refer to it as a third world country. Then I take liberty to assume the individual's financial circumstances are some what dire. Hence, there is no reason to take seriously any investment advice from someone who experiences and understands Poland in such a way.

Poland is a second world sate...........anyone who says first is a clear fruit cake job, third world are African states. first world are obviously UK, USA, Germnay , japan ect

I think we should make our own Borat and laught at Brits.

"First World" refers to so called developed, capitalist, industrial countries, roughly, a bloc of countries aligned with the United States after word war II, with more or less common political and economic interests: North America, Western Europe, Japan and Australia.

"Second World" refers to the former communist-socialist, industrial states, (formerly the Eastern bloc, the territory and sphere of influence of the Union of Soviet Socialists Republic) today: Russia, Eastern Europe, Poland and some of the Turk States (e.g., Kazakhstan) as well as China.

"Third World" are all the other countries, today often used to roughly describe the developing countries of Africa, Asia and Latin America.
The term Third World includes as well capitalist (e.g., Venezuela) and communist (e.g., North Korea) countries as very rich (e.g., Saudi Arabia) and very poor (e.g., Mali) countries.

being able to walk into the kitchen... turn on the tap... pour a glass of cold water... and drink it... is a sign of a first world country...

but when it comes to people's quality,you would be far behind the african tribes.

especially with selfishness, indifference, greediness for money, jealousy......

the post above decsribes polish all bloody over lol. money being number 1

I know you didnt just say that! cause you are in a dream world if you did.
and as for money, again i say, what she took from you dont include the
whole population in on that, as for greed, maybe you should look again at
how you handled things as well, possibly there was some flaws that you
need to fix in order to stop from getting hurt?

Manser, or Paul, can I all you Paul?

eventually someone will come along, and you will forget that you even knew
that person. and the next one might be Polish too, but is truely in love with you.
so try at least give respect where it is deserved. we all can disagree with each
other, but insulting that is not your style is it?

What describes you ‘all over’ Manser? What facet of your personality do you wish to project to the outside world?

Do you feel so confident that what you say, the words that tumble from your mouth like a spilt bag of sweets thrown from a pram, are truly your own?

Hi, sounds like most of you got no idea what you are talking about, some of you know some principles like land, location, etc. Talk further and every day you are loosing opportunity to make profit or to buy something nice for yourself and in few years you won't be able to. Waterfront land in most parts of Poland has risen up in last 3-4 years from 0,80 PLN to more than 40 PLN per sq m and prices of any land in Poland are still few times lower than in neighbour Germany. Anybody can count? Do yourself a favor and look at roperty-in-poland.biz for more.

would say the property in Poland is overheating and foreign investors are in danger of getting burnt, that’s why I invested in Estonia.

Check out my website imstupidanddon’tmindloosingmylifessavings.com

Edited to add: don’t click, I wouldn’t post my website here would I

Stupidwelsh,

it is maybe bit late I decided to buy flat in krakow- 42m2 , 5900pln for 1 m2- it is good area ( still Srodmiescie). It wll be built within 2 years but price is fixed by developer.I think it is not so bad...overpriced.?

Krakow is in general quite expensive.

I buy it mainly for myself but also as a little investment.

Two things:
1. I hope the developer is reliable. It's risky to buy something that is not built yet, even in Canada, US or UK.
2. Are you buying for cash or getting a mortgage? If the latter you will end up paying 500,000pln with 30 year amortization, and pray that interest rates won't go up.
But it's more than likely that real estate prices will continue to grow especially in big cities, so your investment should pay off. And I don't think it's overpriced.

what is the best city in poland to invest in property as im from australia but want to buy somewhere in poland