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Sunday 25th February 2018

Brexit Boltholes: part III exerpt

25.2.18 sunday times BREXIT Boltholes.3

‘Now buyers are thinking more strategically at their investment decisions, according to Louise Reynolds, Director of the investment company Property Venture. 'I am more likely to get asked about Bucharest than Sofia [the Romanian and Bulgarian capitals] - they're two of the cheapest countries in Europe, but Romania is seen as the wealthier place to invest, with more prospects.'

‘Poland's cities - especially Warsaw and Krakow also have attractions for overseas investors. There are strong connections between Poland and the UK with over 900,000 Poles living in Britain, so many Brits now have a Polish family connection and want an investment in both countries, Reynolds' says. She cites the potential of luxury buildings in central Krakow close to the Medieval landmarks. One bedroom flats in a converted brewery near the city's market square, Rynek Glowny, start at just under £100,000 through Property Venture (www.property-venture.com)

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