Buying Real Estate in Poland
The real estate market in Poland has been attracting great interest from investors and individuals for several years. Investing in real estate in Poland brings good returns compared to other European countries. In addition, many consider Poland a good place to live, especially considering its attractive location in central Europe, growing economy, stable labor market and lower living costs compared to other western EU countries. On the other hand, buying real estate in Poland involves a lot of formalities, requires knowledge of many legal regulations and the local market. As a result, the demand for real estate services is increasing.
Who can buy real estate in Poland'. 'without authorization?
Citizens and companies from European Economic Area (EEA) states and Switzerland.
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What taxes do I have to pay when buying real estate?
You will pay VAT or civil transaction tax (CIT), depending on the seller/real estate: VAT may be refundable and is 8% or 23% CIT is non-refundable and is 2%
What is the usual commission'. 'property at the Land and Mortgage Registry, notification to tenants of property purchases, notification to the housing community of property purchases and property insurance.
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