Poland is one of the best European property markets despite the credit crunch and likely to experience rising demand, according to two new report.

Hungary and other Central and Eastern European countries have seen a rush of interest from various property groups which bodes well for smaller investors.

A leading property author is warning that it is becoming too easy for would be investors to be swept away by reports of 'hot spots' in real estate markets.

Across the continent, countries that were ideal choices for investment are now seeing falls and a slowdown is imminent.

Poland has many growth prospects including increased consumer spending, a booming construction market and increasing wages.