Even though the current global crisis has not miraculously omitted Poland, as many hoped, the situation in the country is far better than in many of its western neighbours.

European economy is declining, the GDP in the euro-zone has shrank by 2.5% ( according to The Economist ) in the first three months of 2009. In comparison Poland is the only European country where economy is still growing. The forecasted growth according to Citigroup is expected at a level of 1.3% in 2009 with a far better prospects in 2010 of at least 2.5%.

The residential market, even though affected by tightening mortgage policies, should still keep in a decent condition with support of government's “Family's Own Home” programme for subsidized loans for first-time buyers. Also due to legislation change the Polish land & property market is inevitably going to become even more popular among the foreign nationals.