Real Estate in Poland

Poland is not merely the country of ancient castles, which can be seen all over its territory, it is also a health resort, which is renowned for its curative mountain air. This way, if you buy real estate in Poland, you can get money by leasing it out to arriving tourists. In case you are going to buy a house for yourself, you can be sure that you wouldn’t suffer from too hot weather in summer or too cold one in winter, because mild climate is typical of Poland.

The prices for real estate in Poland are constantly in rise, but nevertheless according to European standards the cost of the real estate in Poland remains quite cheap. The average price for the sq.m in Poland doesn’t pass 650$. For example, one-room flat in the centre of Warsaw can be bought for 60 000 Eur, whereas two-room flat would cost you about 80 000 Eur.

The rise in demand for the flats in Poland started after the country joined the European Union, as a great lot of people want to get free access to enter European countries.

To buy real estate in Poland a foreigner needs to get the permit from the government, unless you have residence permit or live in Poland legally for more than 5 years or you are married to the citizen of Poland for more than 2 years or you inherited the real estate in Poland and you are the citizen of the country and the owner of this property for more than 5 years.

To get the permit for buying real estate in Poland, one is required to declare an application, the copy of the external passport, the extract from the cadastre, the copy of the sale contract with the price mentioned and wait for 2 months for the decision to be carried out. Your application can be rejected in case the former owner of the flat or house denies the fact of the deal. The service cost is about 300$. Without getting a permit one can buy cottages and villas only. Lands can be bought only by registered in Poland legal bodies.