Real Estate /
Question about Czynsz (Building maintenance fees/utilies) in Poland [129]
How can anyone justify cashing in 6,000 zl per apartment per year - therefore 600,000 zl for a simple block of flats for 1 year...For what?
Half of that cost heating. Cold water, hot water, waste, refurbishment fund, heat insulation fund, cleaner, gardener, removing snow (bulldozer etc), council tax. (only electricity bill is always not included). Plumbers and Electricians on the alert 24h a day. Spółdzielnia of course waste a part of this money for bureaucracy but you have lovely peace of mind ;) They will never allow to neglect houses like owners in the UK because it is their source of income and excuse for existence.
With 600,000 zl you basically can build one new extra house
and cooperative build new luxury blocks of course ;)
In my experience I have never heard yet of a single owner who declares rent income to tax office.
I cannot agree. People declare rent income to the tax office because in case of any trouble they cannot call the police for help. If the tenant doesn't pay they cannot do anything legal. They want to pay a tax and have peace of mind.