Buying A Home In Poland
Since joining the EU in 2004, Poland and its near 40 Million inhabitants has been booming.
The country covers some 312,683 sq km of Central Europe with its population concentrated
mainly in large cities such as the historical capital
Kraków the present capital
Warsaw and the Baltic City
Gdansk famous
for the Solidarity labour union led by Lech Walesa.
Today, international companies such as Tesco and GSK are flocking to Poland in ever increasing numbers.
Poland is set to receive the lion’s share of EU funding (up to EUR70 billion!) over the next eight years helping to
make the country a European property hotspot!
Polska Mortgages
Mortgages of up to 80% LTV (Loan To Value) are available on relativley low interest
rates for terms of up to 30 years.
One big advantage is that buyers can borrow in different currencies and tend to avoid the Polish zloty which
has risen more than 15% since EU membership in 2004 (adding 15% to the value of the corresponding mortgage).
Loans in Swiss Francs have the lowest interest rate at just 3.1%, rising to around 6% for US dollar or Euro
loans.
