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The sad facts behind trying to find a plot of land for your investment

"Only 80 locations are of the "A" category, meaning they have a clear legal status, have only one owner, do not require permission to be transformed from agricultural land to one suitable for construction and have all media," said PAIIZ deputy president, Sebastian Mikosz. Another 375 plots of land are of the "B" category and thus taking into account the potential of large investors, Poland's offer does not look too promising. Another factor which influenced investors' decision to invest in neighboring countries is the lack of in investment land covered by spatial plans and planning permission in Poland. "The creation of spatial plans takes currently from 6-8 months, and this discourages even the most persistent investors. In the long run this situation might lead to a serious slow down in foreign investments," adds Mikosz. (Puls Biznesu, p. 9) A.K.

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