Real Estate /
Banks in Poland selling fewer mortgages in 2011, down 49% [285]
When working out how much can be borrowed the gross figure is used not net, so using the average wage of 3600 gross x 2 x 12 = 86,400. 3 x salary = 259,200pln, this is not a unrealistic figure for an apartment just outside of Krakow centre for example. In UK, average salary roughly £25k x 2 = £50k, therefore £150,000 again depending on where you live it is possible to buy a half decent starter property. It is all about expectations, oh and actually having a job of course, earning an average wage and actually being able to afford the 10% deposit!!