Many of us wonder where to invest money with no risk and ensure a steady income? As long experience proves, real estate investments are the most profitable and safe financial investments.
The second question is what country to invest in? Should I invest in Ukraine with its high inflation rate coupled with political and economic instability? Or should I choose a resort location where real estate will be profitable only during the high season? Today, a lot of experienced investors choose Poland. There are some strong points supporting this choice.
First, it is much easier to buy a property in this country due to the numerous preferential loans, programs, and low-interest rates. Moreover, foreigners have the same rights when purchasing real estate as Polish citizens. Finally, the legislation of this country is very loyal to foreign investors.
Secondly, real estate prices in Poland have been showing a steady upward trend for many years. And 2021 does not make an exception. This year prices on residential property in Poland are about 10% higher than last year. As reported by the National Bank of Poland, prices on apartments in new buildings rose by more than 2% in the last quarter, and in the secondary market, price growth reached 5.2%. Just as a reminder, prices jumped by 8% in the first quarter of 2021.
If you invest smartly in an apartment or a house in Poland, in a while, you can get them back with a good profit. There are two ways to do so: sell the property at a higher price or get a stable passive income source by renting out the property. Gremi Invest experts will help you make the right investment decision in both cases.
The steadiness of income on real estate directly depends on the country’s growth pace. It is hard to argue against the fact that Poland shows strong economic growth rates. All major industries, be it agriculture, food processing, textiles or engineering, are growing. In turn, this ensures financial and economic stability and protects the country from the risks arising from economic dependence on a single sector.
Furthermore, Poland offers a favorable investment climate. That’s why many foreign companies open new factories, industrial centers, and representative offices here. This generates labor demand since Poland is short of it. People from other countries regularly come to work and study
here. You can’t ignore the tourists who spend their weekends and vacations here as well. All of them need a place to stay so they can rent your accommodation.
Renting out real estate provides an average yield of 6-10%. It all depends on the location and type of property. Due to the country’s active development, it is becoming more and more profitable to invest in big and small Polish cities. Gremi Invest knows the Polish market in detail and can help you choose the best location and the most commercially attractive investment object.
To sum up, we should say that Poland is an excellent choice both for the first investment in real estate and for diversifying the investment portfolio of an experienced investor.