Costs entailed in buying a house in Poland
I must admit that very few people would make a decision based on viewing so few properties but I am the kind of person who knows what they like and makes decisions quickly, perhaps to repent at leisure - the future will tell, but so far, months later we're stll very pleased. From a distance it is very difficult to keep searching for that 'perfect' property - the Internet is a very useful tool in this respect. I would suggest that you have all of your aims and requirements written out in detail before you arrive and compare houses that you view on that basis otherwise the costs will mount up.
Our costs are based on an £80,000 detached house south of Krakow and are specified in £ Sterling. VAT on property related services is 22% . Click to read our recommendations for a hotel and taxi driver in Kraków (Cracow).
Item |
Approximate cost in pounds sterling |
|
| 1. Viewing properties | ||
| Travel (flights, car hire rental, public transport, taxis) | £350 |
|
| Hotels and food for 3 day stay | £150 |
|
| 2. Purchase Costs | ||
| Travel | £700 |
|
| Hotels and food | £450 |
|
| 3% fee to estate agent | £2,400 |
|
| VAT at on estate agent costs | £528 |
|
| Legal fee for writing into Land Registry or 'Eternal Book' | £36 |
|
| Fee to Notary including VAT at 22% | £615.33 |
|
| 10% deposit | £8,000 |
|
| Balance on property | £72,000 |
|
| Permit Fee | ||
| Fees to Polish Consulate for stamping and authenticating 3 documents | £66 |
|
| 2% purchase tax | £1,600 | |
| Other legal fees | £21.52 |
|
TOTAL COSTS |
£86,916.85 |
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