rt3d 10 | 46 29 Sep 2010 #1What are the issues faced when buying a property in Poland?With foreign currency.. is this feature proof and does this affect the value of the propertyE,g CHFThanks
Wroclaw Boy 29 Sep 2010 #2Thats not a clear cut question my man.The price is the price usually in PLN if another currency it would most commonly be the Euro, CHF is usually used for mortgages not prices of property. Does one have a CHF mortgage?
OP rt3d 10 | 46 29 Sep 2010 #3What are the issues faced when buying a property in a foreign currency.. are these currency feature proof based on the value of the propertywhen considering the exchange rates over the time period of the mortgages.E,g CHF or would the value of the property decline to PLNThanks
Wroclaw Boy 29 Sep 2010 #5What are the issues faced when buying a property in a foreign currencyexchange rate fluctuations on mortgage repayments.are these currency feature proof based on the value of the propertyNo, the lender shoulders the risk, your repayments fluctuate with the exchange rate.
OP rt3d 10 | 46 29 Sep 2010 #6Starting October, more than 13 percent is expected to increase the price limit for eligible housing program to His Family in Warsaw, Poland. There is nothing to justify such a step change .Price limits in the government program on His family are calculated from the average of the last two readings of the half- year conversion factor replacement cost per square meter of usable floor space of residential buildings. To find the limit for the area , just average rate multiplied by 1.4 .
Plastic Pole52 - | 67 29 Sep 2010 #7It says that developers are scaming the goverment by reporting (rigged) inflated costs of square meter in the new constructions.This makes it easier for them to sell more expensive apartaments since more of them qualify for the govermental program "Rodzina na swoim" where the tax payers cover half of the interests on the mortgage for 8 years.It keeps prices of apartaments high and causes rents to go up since the rents also depend on the average cost of square meter.They (the developers) are about to being sued.
