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  • 18-11-2014 1:32am
    #1
    WhiteWalls
    Registered Users, Registered Users 2 Posts: 945 ✭✭✭


    Was talking to a man this evening who works with a lot of eastern Europeans, mainly Polish. He said that we (the Irish) have a lot to learn with regards to having respect for money or whatever.

    Anyway he spoke about land here and there as a comparison and reckoned that you would get 10 acres of land over there for 500 euro.

    Would investing in land in Poland be a crazy move?


Comments

  • #2
    Kevin McCloud
    Banned (with Prison Access) Posts: 1,797 ✭✭✭Kevin McCloud


    Is it grassland?


  • #3
    WhiteWalls
    Registered Users, Registered Users 2 Posts: 945 ✭✭✭WhiteWalls


    Kevin McCloud wrote: »
    Is it grassland?

    So he reckoned but it could be totally wrong information


  • #4
    Kevin McCloud
    Banned (with Prison Access) Posts: 1,797 ✭✭✭Kevin McCloud


    Any cap on acreage?


  • #5
    WhiteWalls
    Registered Users, Registered Users 2 Posts: 945 ✭✭✭WhiteWalls


    Kevin McCloud wrote: »
    Any cap on acreage?

    Not giving you a short answer but I don't know


  • #6
    bardcom
    Registered Users, Registered Users 2 Posts: 290 ✭✭bardcom


    This article puts a different price on grass land.
    http://m.independent.ie/business/farming/irish-farming-land-is-tops-in-global-price-ranking-30377296.html


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  • #7
    Bizness
    Registered Users, Registered Users 2 Posts: 45 ✭Bizness


    WhiteWalls wrote: »
    Was talking to a man this evening who works with a lot of eastern Europeans, mainly Polish. He said that we (the Irish) have a lot to learn with regards to having respect for money or whatever.

    Anyway he spoke about land here and there as a comparison and reckoned that you would get 10 acres of land over there for 500 euro.

    Would investing in land in Poland be a crazy move?

    Totally wrong, or else the land is contaminated with plutonium or something else from the Soviet era!
    I'd say your buddy might want to better respect money! Plenty of smart farmers in Ireland by the way, who respect money.
    Poland in the EU now.
    In Poland, about €8500 per hectare (€3440/acre) for good fertile land, poorer quality about €3800 per hectare (€1500/acre).
    As of 2016, there are some changes regarding making it easier for foreigners to buy land in Poland, so there may be some more price increases in value of land there after this, but unless you know about farming and land and have someone on the ground over there, then probably not the best investment.
    The old maxim of only investing in things you understand applies.


  • #8
    robp
    Banned (with Prison Access) Posts: 1,934 ✭✭✭robp


    According to the article.
    "You must remember the recent statistic about land in Ireland. Apparently land in France is sold once in every 70 years while land in Ireland is sold only once in 400 to 500 years.

    I find this very hard to believe. Land that has been in the same line for 500 years must be very rare and certainly not the norm. How many farming families have really being holding on to land from before Cromwell.


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