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Is this a bad time to buy an apartment in Poland?


milky 13 | 1,657
2 Oct 2010 #121
I know a couple who paid twice that price in Lublin for the same size apartment in 2007. So well done man,victory to the ability to delay gratification.
poland_
2 Oct 2010 #122
You learn that negotiating/haggling skills are key in Poland.

Congrats, all Poles should be considered liars in business until they have signed the notarial act or pre agreement, there is no such thing as a verbal agreement in this country. From my experience more and more re-sellers are are starting to realize that if you want to sell, you have got to get your feet on the ground, the rest are still in cloud 2007. If you are happy with the price and conditions, it don't get much better than that. Does this purchase now mean, you are firmly PL grounded. The Glens and Loch's don't beckon.
Seanus 15 | 19,706
2 Oct 2010 #123
The glens and lochs will always be there. The provisional notarial deed has been signed and we are awaiting the final one. What lowered the price is that there is no lift and we are on the very top but it's great for my fitness and the stairs are pretty flat as far as stairs go. The location is what attracted me the most. It's only 1 minute further away from my work than I am at present. It would've been over 200k 3 years ago.
poland_
2 Oct 2010 #124
we are on the very top but it's great for my fitness and the stairs are pretty flat as far as stairs go

It is also better for security, 20% less than 2008, patience is a virtue. The other half must be happy now she owns her bit of PL.
Seanus 15 | 19,706
2 Oct 2010 #125
Absolutely. When we walk around the city, I keep telling my wife that I wouldn't like to live there or there in the centre as drunks can smash a window in a drunken stupor. Plus, I don't like living at that level. In Izumo, I lived at the top level. In Hiroshima, on the 10th floor. Here in Gliwice too. It's repeating a trend and tradition.
poland_
2 Oct 2010 #126
If I had 1PLN for every time you mention Japan, I could buy errr something large. I understand you reciting to your JP experience, I was in the Asean region for 3 years and never really appreciated what I had until I was back in Europe.
Seanus 15 | 19,706
2 Oct 2010 #127
Comparisons serve a useful purpose, especially if you can establish correlations too :) Having radiators will be good again :)
Wroclaw Boy
2 Oct 2010 #128
Having radiators will be good again :)

Ive just switched apartments too, within my own house though, need to scale down for winter to keep the little one warm. I took out my old cast iron fireplace and just mounted it bare (no surround) on a pile of bricks then bought a new iron flu and fitted that into the wall and hey presto its about 400% more efficient add that to 60% smaller lounge - bloody marvelous. Not going to freeze my butt of this winter... again.

Often these fire places are set to waste more than 50% heat straight up the bloody chimney. I reckon even if it touches -30 it'll easily be +25 in that room with the new set up.
Seanus 15 | 19,706
2 Oct 2010 #129
It sounds like you have a brilliant set-up there, WB. Insulation is key. Heating efficiency is a must here in Poland. You can lose so much with the wrong option.

We get a great deal from the utilities perspective but we will have to change some habits in the new gaff. Switching from our current kettle to a standard metallic one on gas will be one of the first things we do.
milky 13 | 1,657
11 Oct 2010 #130
Can anyone explain why Lublin has not seen a drop in property prices?
grubas 12 | 1,390
11 Oct 2010 #131
Mainly because Lublin is in Eastern Poland and they are always behind the rest.
milky 13 | 1,657
11 Oct 2010 #132
Is it due to higher emigration in the east, so that people have western wages, hence more cash to fork out.
Wroclaw Boy
12 Oct 2010 #133
It doesnt really matter what anybody says you have your own opinion and nothing is going to change that.

Can anyone explain why Lublin has not seen a drop in property prices?

Yes.
poland_
12 Oct 2010 #134
Is it due to higher emigration in the east, so that people have western wages, hence more cash to fork out.

I understood you, to be the grim reaper of Polish real estate, so it is nice to see you have found your ray of light.
milky 13 | 1,657
12 Oct 2010 #135
Yes.

Well go on, explain 30 % drop Wroclaw and 0 % in Lublin.. I know you think emigration is not a player at all, so go on!
Wroclaw Boy
12 Oct 2010 #136
Well go on, explain 30 % drop Wroclaw and 0 % in Lublin..

30%? sure its not 20% and 0% in Lublin sure its not 10%? You have no credibility here, plus youre really boring and repetitive.
poland_
12 Oct 2010 #137
0 % in Lublin

Milky, are you 100% certain, that real estate prices have not dropped in Lublin?
I do not follow Lublin prices as it is not my area, although I can assure you that prices have dropped significantly in Pulawy and Kazimierz Dolny, which are also in Lubelskie and only 50 klm away from Lublin. In my understanding prices have dropped all over Poland so it baffles me why Lublin would escape this re-correction.
milky 13 | 1,657
14 Oct 2010 #138
Milky, are you 100% certain, that real estate prices have not dropped in Lublin?

Well i cant find anything to say otherwise.
poland_
14 Oct 2010 #139
That may be because, when the reports are done they focus on the following Warsaw, Krakow, Poznan, Gdansk, Wroclaw and now Lodz, as theses are the cities that have been pumped. I did read a article from Madom about two years ago in which they mentioned Lublin as the cheap alternative to Krakow. As you probably know, Lublin's students account for about 35% of the population. It would be interesting to find out what the facts are, if you dig something up let us know.
SeanBM 35 | 5,808
14 Oct 2010 #140
Can anyone explain why Lublin has not seen a drop in property prices?

Well i cant find anything to say otherwise.

Have you found anything that says that prices have not dropped at all in Lublin?
milky 13 | 1,657
14 Oct 2010 #141
Yes i did,several articles over the last two or three years have stated this case.
SeanBM 35 | 5,808
15 Oct 2010 #142
Can you show us them, please?


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