4 Homes for Sale in Poland

(€) 350000,  Masovian,  Masovian
(€) 200000,  Owl Mountain, Poland,  Lower Silesian
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.
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.
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.
Most Polish banks will offer home loans to foreigners but they will differ widely in terms of the requirements for the loan application as well as the loan terms. The offered terms will likely be less attractive than those offered to Polish customers, including lower loan-to-value ratios, shorter repayment periods and potentially higher interest rates. Nevertheless, taking into consideration the low cost of credit at the moment, it is a good time to finance property in Poland.
Portrait of Polish girl on cell phone
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.
A light hearted introduction to Polish culture