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Real estate in poland - how an average Pole can afford such prices?


guess who  
27 Aug 2006 /  #61
In USA average house size is 1500 square feet, 140 square meeters, house is considered average.

Where I live, price range of 1500 square feet house is $230,000 - 275,000

There are 2000 to 3000 square feet, 279 to 372 square meters homes in my area, price range $375, 000 - 600,000

Average home sits on 7000 square feet, 650 squared meters, lots, that is an average.

I do not know if I would say that land is cheap. Land is about, and I am guessing, 25-30% of the total price price of a house.

Of course, prices of homes vary from state to state, from city to city, neighborhoods to neighborhoods
iwona  12 | 542  
27 Aug 2006 /  #62
In England ( again depends on location) but as average betwewen cheapest and most expensive one- plot- not so big just house and small garden will be about £100k

sorry I meant price only for plot would be about £100k
krysia  23 | 3058  
27 Aug 2006 /  #63
Of course, prices of homes vary from state to state, from city to city, neighborhoods to neighborhoods

Very true. But don't forget about the dreaded TAXES!!!!! Each state and county has their own tax code. The average tax on a home is about $3.000-$6.000. yearly or more. The more expensive the home, the higher the taxes.

After spending all your money on remodeling, guess what? Your taxes go up. You just can't win. The best way is to live in a mobile home with wheels. Then you don't pay any taxes.
OP lef  11 | 477  
27 Aug 2006 /  #64
It will be very difficult to get an accurate picture of prices of homes in each country...homes in city areas are more expensive than country houses...and location, location, location is the name of the game.

Perhaps we can agree that buying a decent property in poland, something that you could write home about is City areas ie Warsaw/krakow approx 1m zl or country areas about 400000zl... agreed.
Mick  
27 Aug 2006 /  #65
Of course, prices of homes vary from state to state, from city to city, neighborhoods to neighborhoods

So does it mean that in Poland there are also "bad neighbourhoods" like in the US for example (where a house in the "black" or "mexican" area could cost as little as half of a better area located 2 blocks away)?
OP lef  11 | 477  
27 Aug 2006 /  #66
Apart from bigger cities, I don't think preference for certain properties is as advanced as in the west....I stlill believe that polish people are buying and selling in droves, some homes for sale are still for sale after 2 years...the only people making money are real estate agents.... I pity any person announcing himself to be from overseas to a real estate agent, be prepared to be pay double. or thereabouts

The average tax on a home is about $3.000-$6.000. yearly or more.

is that for an investment property or are they part of local council rates... I believe council rates are to be introduced in poland, rates are determined by the value of your property..the money goes to your local town and used to employ fat cats who do nothing, any left overs go to improve local roads, facilities and structures.
krysia  23 | 3058  
27 Aug 2006 /  #67
local council rates

Ya, Something like that. I hope thay don't introduce this to Poland. How will the people pay for it when they can barely live on their income?
OP lef  11 | 477  
28 Aug 2006 /  #68
but don`t come crying when you`re going to face the consequences of your actions.

The best way is to buy direct from the owner and pay when the property is transferred into your name, saves paying 3% commission to the real estate agents...ie property worth 400000zl , your paying 12000zl, for some it is 12 months wages...
iwona  12 | 542  
29 Aug 2006 /  #69
Yes but it depends on circumstances. Sometimes people live and work abroad and can't spend too much time to check everything before signing paperwork.
Wujek_Dobra_Rada  
29 Aug 2006 /  #70
The best way is to buy direct from the owner and pay when the property is transferred into your name, saves paying 3% commission to the real estate agents...ie property worth 400000zl , your paying 12000zl, for some it is 12 months wages...

If someone`s buying a real estate worth 400.000 then you can be sure that in most cases a 12000 comission is irrelevant to him when compared to the conveniance and asurences he gets during the transaction.
opts  10 | 260  
29 Aug 2006 /  #71
I agree with Wujek.
Use an real estate agent, someone who knows the business and laws, an agent who is reputable.
Do not worry about 3% commission. A good agent will protect you from being cheated, from financial ruins.
I never bought real estate in Poland, did many times in US.
I am knowledgeable when it comes to real estate. Occasionally, I am amazed by the chicanery that occurs in real estate. In US, real estate is "highly regulated" business.

Word of advice. When you do find a property that you want to buy, inquire what is included and what is not included in the sale, record/film every property feature/item that is included in the sale with a camera. Put it in writing.

Last house I bought, about 3 years ago, fuc..... agent strip the property of its landscape.
OP lef  11 | 477  
3 Sep 2006 /  #72
Excellent point...I understand that homes in poland are sold minus electrical fittings and blinds...
iwona  12 | 542  
4 Sep 2006 /  #73
blinds? What for? Some people prefer courtains or nets ....
casper  
27 Nov 2006 /  #74
If people feel bad about themselves, they will often run others down, as this makes them feel superior. It is a common trait in most bully/losers.

Most people who have an interest in Poland and truely care are well aware of the problems in Poland. But what Poland needs in constructive dialogue, these forums are used by a minority; most people here care and discuss Poland because it is on their minds. Those trolls like Lef, are the strangest of characters. Since if running down, insulting and being unconstructive is one's goal, surely there are more exciting area to do that, rather than a discussion forum. It just goes to show the lack of "life" these individuals have.

The people that realy rub me up are the British idiots, that wanna send 'em back brigade.
Engel  
6 Dec 2006 /  #75
The people that realy rub me up are the British idiots, that wanna send 'em back brigade.

I am British and a Housing Officer. Personally, I LIKE Polish people. I have met a lot in the course of my work, and also socially, and I have always found them to be polite and friendly, so I, at least, am NOT one of the "send 'em back brigade".

What I would very much like to know is:

Is there a central office in Poland where they would be able to do landsearches on our behalf? and if so, how could I contact them? It would be very useful to be able to confirm the property status of our Polish applicants so we can ensure they are treated equally with all our other applicants.

Also, please could anyone give me an idea of the proportion of Polish people who currently own their own property? or maybe a link where I can get this information?

I know I'm asking a lot, but trust me, any information you can give me would be truly appreciated.

Thanks!
sphinx  
17 Dec 2006 /  #76
There is no central office you mean. If you want to check someone's property status you should visit a local property registration at court, find a property's file and in the file you can check owners, mortgages etc.
ogorek  - | 165  
19 Dec 2006 /  #77
What's the most expensive part of Poland?
BubbaWoo  33 | 3502  
19 Dec 2006 /  #78
there are different areas in different cities that are all similar in price - the most expensive i have seen in the tri city is 17K PLN psm in sopot but krakow old town and parts of warszawa will be similar... you can also find properties on the hel penninsular at the top end of the spectrum...

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