Krakow best for property investment in 2007

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Investors looking to buy European property should head for Poland, according to an expert. According to Simon Tweddle, head of research and analysis at Property Secrets, investment in Warsaw is particularly low risk.

The property expert said that Warsaw is a great place to put your money into because "it's a bit like London" with the low risks associated.  He said however that investing in Krakow or Gdansk could provide higher returns but at higher risk.

"Poland had been the best market in Europe in 2006 and it's looking as though it is going to continue in 2007 to be the best," Mr Tweddle commented.

He added: "Some of the secondary cities such as Poznan, Wroclaw, Gdansk and Lodz… offer slightly higher capital growth rates for a little bit more risk."


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