Poland is an advanced country offering many housing variants. The country has a rich history, beautiful sights, landscapes, and most importantly, kind people. Moreover, the state has accessible education, high healthcare, stable political situation, and reasonable prices.
Hence, it is unsurprising that foreigners are drawn to Poland for employment, education, and a desire to settle in cities known for their cleanliness, efficient road systems, and well-developed infrastructure. They appreciate the availability of free medical insurance, reasonably priced services, and access to high-quality yet affordable food. Moreover, the constant demand for specialists across various fields in the Polish job market makes it relatively easy for them to secure lucrative employment opportunities.
Based on this, properties in Poland for sale attract a lot of people.
The Polish real estate market
In recent years, there has been a significant rise in the purchase of residential real estate such as houses, apartments, and townhouses in Poland. Housing costs are notably lower compared to other European countries, with rental yields being particularly attractive. People buy properties in Poland for various reasons including studying, working, permanent residency, investment for passive income through renting, expediting the process of obtaining a permanent residence permit, and even seeking citizenship.
Foreign citizens face no hindrances from the government when it comes to owning residential properties like apartments and houses. Both commercial and residential real estate are available for sale, including popular cities like Warsaw, Krakow, Poznan, Wroclaw, Lublin, Gdańsk, Bialystok, Gdynia, Łódź, Zakopane, Szczecin, Zelena Hura, as well as in regions like the Tatra Mountains in the south and West Pomeranian Voivodeship in the west.
Investment in a Polish property
The projected stable growth rate in a country indicates a consistent expansion of the economy, which bodes well for the real estate market’s resilience. This presents an attractive prospect for investors looking to acquire real estate in Poland, as there is a strong likelihood of significant value appreciation.
Can foreigners buy property in Poland?
Of course, non-citizens have an opportunity to acquire real estate in Poland for sale. But there are rules that may vary based on the origin of the buyer: you are a citizen of the EU, EEA, or another state.
Is Poland good for real estate?
Most people are convinced that Poland is ideal for obtaining estate. And it is not surprising, because the authority of this country lets people manage their property as they want. But the main argument is that you can get a worthy profit from housing.
What is the average house price in a country?
In December 2023, Krakow showed the highest prices on the primary and secondary markets. The standard price for a house in Warsaw, the capital, on the secondary market was more than 10800 PLN/m2 (2700$/m2).
Which website will be useful when buying real estate in Poland?
Purchasing real estate is a very responsible step. And in order not to be disappointed, the best choice of website for buying real estate is Eli deal, where you will find hundreds of real estate in Poland Europe.
What is better to buy in Poland: a house or an apartment?
We are persuaded that purchasing an apartment in Poland is a better idea than buying a house. There are simple reasons. Firstly, in order to buy an apartment, you don’t need to be a resident of this country, but in regards to the house, a lot of regulations are involved. Moreover, most houses are in small towns or cost a fortune in a big city.
Where are the cheapest areas to buy properties in Poland?
If you don’t want to spend a lot of money to take possession of a house, Poznan is the perfect option for you to look over the real estate market in Poland. Gdansk and Katowice are also considered the cheapest.
What are the types of housing in Poland?
Land property and independent house are the most common kinds of properties in Poland. The price and style are based on the location.
What are the main differences between land property and independent housing?
It is important to distinguish between independent housing, which embraces apartments, and land property, which encompasses houses, townhouses, and plots of land when you wish to buy Poland real estate property. Various regulations apply to each kind of property under laws, so it is crucial to identify the classification of the real estate being considered for acquiring.
What types of real estate property can be purchased by a foreigner?
Even though you are a resident of another state, you are able to acquire this kind of housing which you really want: apartments, houses, or building land. Nevertheless, the type of the property for sale in Poland generates different rules of purchasing it.
Where do I get a permit for the purchase of housing?
The Polish Ministry of Interior and Administration will help you to obtain an allowance. Nevertheless, for some kind of housing you don’t need to ask for a permit.
What does a foreigner need to get a permit to purchase real estate? What is the validity period of the real estate purchase permit?
To acquire an allowance to become an owner of a house in Poland, individuals from other states need to have an application along with a variety of papers detailing their personal information, the seller’s details, specifics about the property being bought, the purpose of the acquiring, proof of payment for state fees, and more. Additional papers may be requested as needed. All paperwork has to be translated into Polish and signed by a notary.
The permit allowing the acquiring of real estate remains relevant for a period of 24 months.
Can I conduct a real estate transaction in a distant format?
A non-citizen can purchase a property for sale in Poland remotely by granting power of attorney to a real estate company. However, for transactions involving other kinds of building, the buyer must be physically present.
Does the ownership of real estate in Poland give the right for a legal residence of a foreigner? Can I get a residence permit, permanent residence or citizenship in exchange for buying real estate?
The purchase of real estate in Poland does not provide grounds for obtaining a residence permit, permanent residence or citizenship.
How do I get a residence permit?
In order to get a permit for residence in this country, you have to work and live a minimum three years on territory of a state or have permanent residence for more than twelve months.
Your obligation, if you want to get a citizenship, is to give an application to the president, in which you lay out why you would like to become a citizen of Poland. The review period takes a couple of months to 3 years.
How long does it take to get a residence permit?
The processing time is typically five or six months. Applications will only be considered for review if the applicant has resided in a state for a minimum of three months.
What are the benefits of a residence permit?
It allows you to live, have a job, obtain an education, conduct business, travel freely within the Schengen area for up to 3 months without a visa, have access to medical care and purchase or rent housing, and have the opportunity to get a citizenship.
What are the grounds for obtaining Polish citizenship?
The main ones:
- Submit an application to the head of state.
- Obtain citizenship through Polish descent.
- Wedlock with a citizen.
What are the benefits of obtaining citizenship?
You can live, get an education (which is not so expensive for residents), have a job in any state of the European Union (the term is eternal), travel freely within it without a visa, and purchase a property or land there.
What papers are necessary for buying real estate?
An official travel document and POA of husband and wife are mandatory if you are eager to acquire real estate for sale in Poland.
How does the real estate acquiring procedure work? What steps does it encompass?
Properties for sale in Poland require some stages to be purchased:
- Enter into a reservation agreement;
- Execute a preparatory contract (Umowa Deweloperska);
- To pay according to an approved schedule;
- Sign a notarized deed of acquiring and sale of property after manufacture;
- Register the property in your name.
These steps are obligatory, if you wish property to buy in Poland.
What additional expenses a buyer can encounter in the procedure of acquiring real estate?
You will need to cover the costs of a real estate agent, notary services, interpreter services, and taxes and state fees (real estate agent costs 0% when buying a primary property through a real estate agency from the developer).
What’s the average cost of utilities?
The typical cost is 1.5-2.5€ per m2 in current buildings, with electricity being an extra expense.
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