Property market booms across ex-communist EU
July 11th, 2007 by Dino
PRAGUE: The urban property market is booming across ex-communist EU member states as foreign investors flood in and locals climb onto the property ladder even in the region’s dour concrete tower-block estates.
Average prices in the Polish capital Warsaw rose by more than 50 percent last year to reach 1,935 euros ($2,620) per square metre, according to the RedNet property agency. A square metre in a top-of-the-range building in the city currently fetches 5,000 euros.
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- Posted in Uncategorized, Eastern Europe, Poland, Europe real estate