Poland Property Market - Buyers Guide
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Our property services in Poland
From our offices in Poland we deliver a full range of property services, from rentals and property management to resales. Our property services cover the main cities in Poland such as Warsaw, Krakow, Wroclaw, Katowice, Poznan and Lodz. Contact us to find out more about our Polish property services. |
POLAND PROPERTY - BUYING PROCESS
Buying Polish Property on the primary market (offplan)
- Choose your apartment
- Engage lawyer (who will arrange the contracts and perform checks)
- Pay legal fees
- Sign reservation contract and pay reservation monies (sometimes this step is missed out goes straight to step 5)
- Sign Future Purchase contract and pay deposit monies (minus reservation monies).
It is important to have this notarised in the land registry.
- Around 4-6months before completion arrange a mortgage (if required)
- Sign Purchase contract (with lawyers help) and pay remaining monies (perhaps with mortgage help)
Buying Polish Property on the secondary market (resale)
The process is broadly similar to the above, except that there is usually only a
reservation contract and no future purchase contract.
Also, if you require a mortgage you may need to perform the process more quickly (eg within 2 months).
Also, if you require a mortgage you may need to perform the process more quickly (eg within 2 months).
POLAND PROPERTY - BUYING COSTS
Poland has medium level of buying costs.
Some costs to consider are:
- Taxes & notary fees: around 2-3%
- Legal fees: typically 1,000 - 1,500 Euro