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Agnes Marciniak-Kostrzewa, who has been in the real estate business for 25 years helping Poles buy houses on the southern coast of Spain, has seen a surge in interest in recent months. Many Poles are looking to relocate to warmer climates due to their increased wealth, early retirement, and the possibility of remote work. However, another reason driving this trend is the fear of Russia’s war in Ukraine spreading.
The ongoing conflict in Ukraine has intensified in recent weeks as Russia seeks to consolidate its gains. This has raised concerns among many in Eastern Europe, leading to a spike in interest in buying property in safer locations.
There has been a noticeable increase in demand for properties in Spain among Poles, with record numbers of purchases reported in 2023. Some buyers are motivated by fear of war and the need for a safe haven, while others see it as a wise investment strategy.
Notable comments from Western leaders, such as former US President Donald Trump and Poland’s Prime Minister Donald Tusk, have further fueled the sense of urgency among potential buyers. Some are making quick purchase decisions to secure a second home in case of emergencies.
While the situation in Ukraine remains precarious, many are seeking peace of mind through property purchases abroad. This trend is not unique to Poles, as other Eastern European countries are also seeing an increase in demand for Western properties.
The uncertainty caused by Russia’s actions in Ukraine has led individuals to consider their options and invest in overseas properties as a form of insurance. As tensions continue to escalate, the desire for a safe haven away from conflict zones has become a top priority for many.
In the midst of this geopolitical uncertainty, the real estate market in Western countries is experiencing a surge in demand from Eastern European buyers who are seeking safety and stability in turbulent times.
