2007 Property Price Growth Forecast:15%

According to the Royal Institution of Chartered Surveyors’ European Housing Review, average property prices rose by 33% in Poland in 2006

Poland has a GNI per capita of $5,280 compared to $25,270 in Germany

GDP growth is likely to grow at 6.1% in 2007

Interest only mortgages are not currently available to foreign investors in Poland.

The courts are not very effective, because of excessive workload and overly formal, inflexible procedural rules. 

Rent overdue for more than 3 months may form the basis, after another month’s grace, for an eviction order – but in 2001 a mere 3% of tenants whose rent was thus overdue were served with such an order

The deficit in goods trade in 2007 is expected to almost double to 2¾% of GDP and deepen further to about 4% of GDP in 2008