Apartment purchase in Poland

how did you go about setting up that account up BubbaWoo.....
any idea what the current rate at the kantor is and would they be able to convert a large amount say 25k?

Guys, there was an article in the S times a few weeks ago........to transfer 100000 Euro within the Euro zone, the differences were nearly 3000 between the worst and the best..!!

If I can I will do a search...will get back to you asap if I find anything.

that would be great

The archive section is a pay as you go service..........

http://www.newsint-archive.co.uk/pages/main.asp

i set up an account when i was over there...

last time i was there.. end of november... the bank was offering something like 5.55 and my guy gave me 5.61... which was better than other kantors were offering...

interested in what youre saying frank... more details please if you find them...

5.8 today... heeheehee

Ela/Bubb your combined luck was in..........BUT you may still have to shop around...ok?

The best to transfer 100000 Euros, was Currencies direct or Moneycorp ( plus the charge 15 pounds to do the transfer but will cover the cost at the other end...important to check that too on such a large amount!!!!)......they cost 67,783 pounds and the worst was Natwest...at 70,822, pounds a difference of 3,039 pounds....!!.....YES £3039!!!!.............for what!!!????

cheers frank... appreciated...

The whole changing money at the Kantor thingys, the mother in law just phones round see who offers the best deal. Then in a military convey we, brother, father, mother, missus and me all head of to the kantor to change the cash. The brother and I stand point whilst the rest of the family crowds in the kantor and the deal is done. The guys at the Kantor have side arms, which just goes to show how serious the whole buisness is. However, the best way to get a decent rate is to change large sums in one go and that way the people tend to give you a good deal, when I say large sum anything above say £10000. We've definately done well on the 'ole exchange rate. i remember when we were changing 1 to like 6.8 or 6.9 a few years ago.

thanks for all the feedback...more investigating is required as my friend obviously wants the best exchange rate possible especially as he is already buying a property over his budget.

i set up an account when i was over there...


how did you do this bubbawoo they wont let me open because i dont have a nip or pesal

Hi all

Thinking of actually selling an apartment after completing - instead of initial plan of renting.

Can someone comment on the actual process of selling after completion of an apartment?

1) Legally, how soon can you sell the apartment?
2) Practically, how long does it take?
3) What other pitfalls shoudl I look out for?

Thanks

I think that if you buy and sell apartment withing 5 years you will have to pay 10% tax.

as far as i am aware there are no restrictions



how long was that bit of string...? once you find a buyer the whole process can happen within a month



if you can sell without the help of an agent then you will save money

as far as i understand, from jan 1 you now pay 19% tax on your profit only - if you are going to reinvest in property the you dont pay this tax...

Thanks Iwona and Bubbawoo

However, I did not mean to ask about tax.

Instead, I was thinking about the final contract, the occupancy permit and the ceritificate of the premises being a separate chamber of habitation.

Am I right in thinking that the final contract cannot be signed until an occupancy permit and the certificate is issued? And therefore I cannot sell the property until all these documents are issued?

Thank you

is this on a new build, Prop?

Yes, Bubbawoo, this is a new build.

I see a lot of people talking about buying property in Poland and how you require a notery/permit and such things.
Does any one have any experiance in buyinga plot of land for building a property

hi Moi, we have not long ago bought a plot of land with the hope to one day build on it.

i believe this depends on the contract you signed with the developer.... some have clauses which will allow you to sell prior to completion



my partner is in the process of doing this now...

Hi, I have a flat to sell in Poland Kraków. I am a private person. Could you help and tell me how/where should I look for foreign buyers in internet?

There are a multitude of websites aimed at the English and American buyers, many sites, you can simply up load pictures of your flat with a description and off you go.

hi, i am saying in some hotel in POznan, i want to hire a aparment or share any room. I am not getting any reasobale search reply from net,
Any body can tell me how i can find a room, my price range is 500 to 600 Zlt per month i want to stay 2 or 3 months
Regards

Thanks, could you give me some examples of sites which are popular.

i work on the other side of the country and use sites specific to the area... mainly...

goggle.pl *ajency nieruchomosci krakow* and see what it turns up... or do your search in english

i have posted a number of sites in earlier threads - have a look

yes i found them and tried. (I will make a pickture and put in such siede). I want to find a site where people want to buy a flat and i coulnt on mentioned sites, or if i succeed there were not many offers of buying. So I try to find another way.

I just came across this forum tonight. I have been to Poland 5 times over the last 3 months. I have been looking for development sites in the Tricity area. It has been pretty hard going. A few sites did come my way but I didnt act fast enough and lost out.
I noted on page 1 Jasiu was purchasing attics and converting them into apartments. Last month I looked at two such apartments in Sopot. Any chance you are developing them ??
I am currently looking at a site near the old town in Gdansk. Busy number crunching to see if the site will be profitable.

I think we should chat JK - PM me

bubba aka jasiu

bubba aka jasiu ...( and at that he turn slowly round checked his watch, fixed the doorman with a non-plussed stare and sauntered out the room....)

JKChambers head on into Wejherowo, have a look at Reda and Rumia and consider the outlying towns surrounding the Tri-city. The idea has long been mooted to call it
The 5-City (don't ask what the polish is). Because the three outlying conobations are busy little towns in themselves. Wejherowo is probably the best of the 3.
There is a lot of development in the area, both infrastructure improvements (roads) as well as light industry (Balex metal). There is a large housing constructor Orlex, who seem to be building everywhere. All this make s Wejherowo a very interesting arena. More for your money since its not the Tri-city, but soon it will be.

Oh by the way I have a friend who specializes in EU grant and loan applications. If thats any use.

Man I should get paid for that or something.