0 Homes for Sale in Greater Poland
While contracting a real estate agent to assist with buying or selling property in Poland is not necessary, it may be the preferable solution for
foreigners as well as all those who are not knowledgeable about the local market, who want to save time and those who want to have additional insurance
against dishonest sellers.
Buying property in Poland is not exceedingly complex. Typically, after finding the desirable property, the sides sign two agreements: the preliminary
agreement which gives the buyer some time to secure financing and the final sales agreement which transfers the ownership of the property from the
seller to the buyer. The documents and signing are prepared and overseen by a notary.
The Polish real estate market experienced an increase last year. 163,000 new houses were completed, and the country issued 81,000 permits for new homes
currently under construction. The building sector, the European Mortgage Federation concludes, is the best one in ten years.
Polish people are real traders. Winning trust is essential in order to be able to do business. That is the main reason why Poland is not a country of
quick wins.
Property sale transaction costs in Poland are typically wholly borne by the client and can range between 4.5-6.5% of the property purchase price. These
transaction costs comprise the notary fees, administrative fees, the real estate agent’s commission and in the case of purchasing from the secondary
market also a civil law transactions tax.