Put It In Writing
Foreign buyers sometimes receive a nasty shock when they take possession of a home bought in Poland – they find that its bathroom, kitchen and other fittings have all been removed.
The reason for this is mostly that newly-built homes in Poland are generally sold as a shell – so people have got used to having to take everything they need from their old home with them.
The solution is to have absolutely every detail written into the preliminary agreement – right down to light switches and electrical sockets.
Buying For Investment
If you are planning to buy a property in Poland as an investment, you should be aware that if you sell it within five years you will be liable for a 10% Resale Tax on any profits. This tax does not apply if you use the proceeds to buy another property in Poland.
Glossary of Key Polish Terms
Notary – Government-employed solicitor who is responsible for conducting property sales and who represents both buyer and seller
PLN – standard abbreviation for Polish currency (i.e. like USD for US Dollars)
Zloty – Polish currency