Abstract
During the past ten years, Poland's economy and real estate market have been undergoing the transformation from a centralized, state-controlled system to a free market economy with some vestiges remaining of state ownership. Information about the Polish real estate market is very limited because its infrastructure is not well developed. This article presents an overview of the emerging Polish real estate market drawing on available, albeit limited information. In general, the volume of transactions has increased since 1991 and real estate prices remain below Western European levels.
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