Investors on the hunt for property in Poland

England isn't the only country gearing up for a major sporting event in 2012 – the upcoming UEFA championship, combined with its strongly emerging economy and construction industry, is attracting canny real estate investors to Poland, according to the latest search figures from property portal Rightmove.

Search stats for overseas property in May highlight Poland as the fastest growing country of interest for investors, with a massive 248% increase in searches from the previous month. Polish property firm Morizon.pl has obviously tapped into a booming market by teaming up with both TheMoveChannel.com and Rightmove, as Louise Reynolds of real estate investment firm Property Venture told A Place in the Sun.

"As the only country in the European Union not to go into recession, Poland represents a safe-haven economy which is politically stable and has a buoyant property market", said Reynolds. "It is not your traditional second home destination, but makes a great choice for an investment property."

Indeed, the latest figures from CB Richard Ellis's Shopping Centre Stock Index indicate that the retail property market in particular is picking up, in the lead-up to the country's hosting of the 2012 UEFA football championship. With 712,000 m2 of shopping developments currently under construction, Poland is the third-fastest growing retail property market in Europe, and commercial investors' hunger for riskier opportunities with high growth potential should see the real estate market continue to surge. "The retail sector in particular is starting to see more capital looking for 'value add' opportunities", said John Welham, head of CBRE's European Retail sector.

Interested in property in Poland?
Browse our listings of apartments, houses and other properties for sale in Poland here: http://poland.themovechannel.com/property/all/

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