The Republic of Poland (Rzeczpospolita Polska in Polish), is at the moment one of the best destinations for real estate investment. The following data and information will help you to understand why:

- Poland is located in the center of the European continent. Today as in the past Poland is at the crossroads of communications routes between the north and the south, the east and the west. From a commercial point of view, Poland has an excellent strategic geographical location.

- On it's northen frontier, Poland is contiguous with Russia - region of Kaliningrad - (throughout 210 km); to the east, with Lithuania (103 km), Belarus (416 km) and the Ukraine (529 km); to the south, with Slovakia (541 km) and the Czech Republic (790 km); and to the west, with Germany (467 km). The border with the Baltic Sea streches along 440 km.

- Poland's dynamic location, the size of its market, the high-grade labour force the positive conditions for foreign investors and the support that Polish government offers to foreign investments have converted Poland in a very attractive investment market.

- According to a study issued at the beginning of 2007 by Ernst & Young, analyzing the degree of attractiveness for foreign investors, Poland occupies an outstanding 7th position on a world-wide level and a 3rd position within Europe. Also according to the "European Investment Monitor 2007" elaborated by Ernst & Young, Poland is the most attractive country for foreign investors out of the 12 countries that last entered the UE.

- Poland and its capital Warsaw are presently the main center for Spanish Investment in Europe, with 350 registered Spanish companies in 2007.

- Poland offers important tax advantages as for example its 19 % Company Tax.

- Authorities have recognized an official demand of 1.5 million homes to which has to be added an unofficial demand of 1 million homes. Nevertheless only 1000 new homes were delivered last year.

- Investing in Poland is a very safe bet since there is a big and steady demand that will not be satisfied on a short and medium term. The growth of real estate value is expected to increase annually by 10-20% during the next 7 to 10 years. There is a great shortage of quality homes.

- Poland is a country with a population very similar in number to the Spanish population. The consumption market is also very similar but has a higher demand.

- UE funds for Poland have exceeded 85.000 millions of Euros.

- Poland is a country with a very dynamic development: the Gross Internal Product shows a strong ascending tendency. A growth of 5.4 % in 2005, a growth of 5.7 % in 2006, a growth of 6.0 % in 2007 and higher expectations in coming years.

- Its excellent strategic location is a major asset to reach Western European markets and Eastearn countries. Furthermore, transport and logistics are a very important sector.

- The banking system is very flexible and has a favorable attitude to grant bank loans
Entrance to the euro zone due in 2012 .
Like all countries Poland has attractive facts and less attractive facts such as:

- The rate of road construction in Poland is still not satisfactory. The modernization and construction of roads started taking off when Poland joined the UE. Highways are rare and roads are not in good condition but the situation is continously improving and will be consolidated for the Eurocup in 2012.

- Lack of urban planning and bureaucracy.

It is necessary to point out that some of the major hindrances related with the construction of new developments is the lack of "Master Plans" and the existing bureaucracy. The lack of urban planning is a problem that authorities have promessed to address very quickly. As far as bureaucracy goes, the process of incorporation to the UE required a large administrative reform. The objective was to obtain the largest possible decentralization of the administration which indeed allowed to diminish the enormous state bureaucracy that previous governments had introduced. Despite efforts, the present situation is not what it should be.

Economic indicators

- There is a visible continuous improvement of economic indicators and the economia is in constant growth. Gross Internal Product (the GIP) was 5.4 % in 2005 growth, 5.7 % in 2006 and 6% in 2007. The rate of unemployment in 2005 was 17.5 %, in 2006 14.8 % and 14.2 % in 2007.

Social indicators

- Age: 0-14 years = 13 % of society, 15 -64 years = 70 % of society, 65 years and more = 17 % of society. Structures of gender: 0.94 men per woman Urban Population: 63 %