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Rules for buying property in Poland as a foreigner. Recreation houses?


dxx 12 | 108  
20 Nov 2008 /  #1
Goodday,

I have been living in Krakow for about 2 months now and I am renting a flat.
Because of the high cost of this (double the average netto salary in Poland), I feel that is would be more useful to buy an apartment then to pay the loan of someone else each month.

Are there any regulations for non-Polish residents when it comes to buying property here (like for instance being resident for x years before being able to buy something).

I don't see how letting prices can be so high here in Krakow when you take the salary in consideration.

Anyone who can give any advice on this subject, would be highly appreciated.
scarbyirp  
20 Nov 2008 /  #2
Check this out dxx : mamdom.com/whypolandhow.php?u_usern=&u_userp=
OP dxx 12 | 108  
20 Nov 2008 /  #3
Thanks for the link scarbyirp.

Do you also happen to know what the prices for flats in the Krakow area might be?
Is it useful to have extra features on the flat etc...

Thanks
SeanBM 35 | 5,808  
20 Nov 2008 /  #4
hello dxx,

Great Idea to pay your own mortgage rather than someone elses.
I don't remember if you speak Polish or not?
There is a magazine in most kiosks and shops called "Nieruchomoƛci", there are lots of flats and houses in there for sale.

And here are a list that a helpful PF member (eleanoroconner) made: Where to look on the internet for Polish Real Estate

How has your move been?
Starting to get chilly now.
OP dxx 12 | 108  
20 Nov 2008 /  #5
Heya Sean,

Nice to hear from you again!
Yeah, the move has gone quite smoothly and Im getting to know the city by now.
Found a place in Bronowice which is close to work and very quiet!
I don't speak Polish (yet) but would love to learn soon!
Thanks for the tip and lemme know if u wanna have a pint some time ;-)
SeanBM 35 | 5,808  
20 Nov 2008 /  #6
One thing I would point out about Krakow is that a small flat in the centre is the same price as a house just out side of the centre.

It is worth looking at where the new motorways are being built and buy a house with a garden near it.
Of course traffic will be a problem until the motorways are complete but it is worth looking at, still some good deals to be had.

Best of luck

Thanks for the tip and lemme know if u wanna have a pint some time ;-)

Cool, It will have to be in a few weeks though, busy busy.

And maybe other members would like to join us?
andy b 4 | 156  
20 Nov 2008 /  #7
And maybe other members would like to join us?

Let me know, I would like to come along.

DXX, I know we conversed a little bit in the past when you are looking for a rental aparment. I will contact you again, as we can help you with both a mortgage and finding a suitable property.
ignorant K*nt  
21 Nov 2008 /  #8
Rules for buying property in Poland. Simple don't the party is over. The market is over inflated. Party ended about 18 months ago.

Related:

Can EU foreigners already buy Recreation houses?

Do somebody know if EU foreigners already can buy recreation houses in Poland?
I have a big wooden house for sale 30 km from Warsaw near the big lake.......on 2000m2 ground. Or do somebody know good sites to put advertishment to foreigners?

mamdom.com. Also try expatriates dot com. They have free adverts. And the restriction on second homes only applies to people who are permanently resident here, which of course EU citizens don't need to be. or expats dot com, I don't remember.

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