Poland Guide: Property

Finding your dream home or the right place to live is tough anywhere, Poland is no different. Buying property is one of the most difficult purchases to make. Check out our guide for ideas on how to get it right and avoid problems. Look in the classifieds for available properties and share your experiences in the forum.

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  Introduction

  The Polish real estate market

  Poland is considered one of the best European countries to invest in. The Polish property market grew exponentially between 2002 and 2008, and wasn't very strongly affected by the global economic crisis of 2008. After the crisis, the market continued to develop, although more slowly than in the past.

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  Permissions

  Who can buy property in Poland?

  Poland requires some nationals to get permission from the government before they may buy property. In the case of a company, it is considered a national of the country in which it is registered.

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  Finding property

  How to start your property search in Poland

  Finding a property in Poland is not very difficult. Since the global economic crisis, there is plenty of real-estate on the market. Property prices are more reasonable than they were a few years ago.

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  Purchase process

  Buying a property step-by-step

  If you have found the property of your dreams, and you have permission (if required), you can start your purchase process.

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  Estate agencies

  Agency services and possible scams

  A good estate agent will do background checks on the seller and ensures that there are no problems with the property. Make sure to do some research before choosing an estate agent as there are large differences in service quality and reliability.

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  Buying from a developer

  Precautions

  In Poland, most property sold directly by developers are apartments. Often, construction on the building hasn't even started, but prospective owners will already have made down payments on the property. After finishing the property, the developer transfers the ownership to the buyer.

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  Buying second-hand property

  What to watch out for

  When buying second-hand property, the seller may try to conceal some information about your prospective home, so don't let him cheat you. Common problems include broken utensils or fixtures.

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  Maintenance costs

  Tax, insurance and other expenses

  You can afford to buy a property in Poland, but are you sure you can afford running it? Remember to include taxes, property insurance and utility bills when calculating expenses.

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