Oct 5, 2011

Recent News from Warsaw

Performance in the European economy is faltering, but Poland's economy continues to grow. Offices continue to open up and relocations to the region are remain consistent. Izabella Kaus, Manager at At Home Warsaw, gives us an overview of news out of Warsaw.

  • The number of new dwelling transactions increased in 2011. At the same time, the number of available new properties increased markedly as new projects came onto the market and sales resumed on projects that had been delayed during the economic crisis.
  •  Poland has become a driver of growth in the CEE region. While the rest of Europe teeters towards another recession, Poland surges ahead. 
  • Russian companies with high profits are targeting stakes in CEE companies, including Poland.

  • Zloty & Swiss Francs
    Like Hungarians, Polish took out home mortgages in Swiss Francs at a favorable rate. With the rapid appreciation of the Swiss Franc, Polish have been struggling to pay their mortgages.
  • Nowy Swiat is Poland’s most expensive street, although only number 41 in the list of the 63 most expensive streets globally.
  • The birth rate continues to fall in the Czech Republic. In the first half of 2011, the death rate outstripped the birth rate for the first time in six years.

For further information on property in Warsaw, contact Izabella Kaus at At Home Warsaw

Telephone: +48 222 546 224

1 comment:

  1. I appreciate the ideas. I like your blog. I also have information about Godrej Oasis, Sector 88A, Gurgaon. Find More information of this Project like Prices, Specifications, review on Favista.com.Godrej Oasis