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Polish palaces for sale - Is this a scam site?



David_18   Oct 6, 2008, 04:33pm /  #
I found this site while i was googling on Polish palaces for sale, and i found this site who are selling palaces in Poland for really low/Sick prices.

The site.
biznet1.com/re/poland/land

Just an example for how cheap a palace would go for.

biznet1.com//arepl008.htm#SPECIFICATION

Are they really selling this palaces or is it something else? i mean comon 45.000-100.000 Us dollars for a big fancy palace? seriously i found palaces in Poland with the same size for about 13 milj+ Euro.



LondonChick Edited by: LondonChick    Oct 6, 2008, 04:44pm /  #
That has to be one of the crappest websites that I have seen in a long time.

Plus, would you really trust a company that just gave a PO Box no and used an e-mail address like @biznet1.net?

If I weren't so busy finishing off a piece of work, I would pop on my Roger Cook anorak and investigate further for you...

David_18   Oct 6, 2008, 05:01pm /  #
Yea i did notice the crappy website too, i guess it is a scam site then.

Harry   Oct 10, 2008, 06:47am /  #
Looks legit but sh!t to me.

A palace selling for $10,000 might be worth a lot less. It could easily have no value at all!

Wroclaw Boy Edited by: Wroclaw Boy    Oct 10, 2008, 08:39am /  #
yeh looks like a perfaect candidate for crap web site of the month award.

As a Polish palace owner i am well aware of the value of these types of properties. With the property linked above I think you will find that the photograph is probably around 80 years old. If you were to visit that particular palace today I would feel farly certain that it would be nothing but a crumbling once grand monument.

A starting price of $50,000 would there fore be reasonable, renovation costs and im talking the cheapest available would amount to between $800,000 - $1,000,000. The amount of work required to renovate is monumental.

Also many of the offers will be through government agencies who would rather sell for 1 Euro than see this heritage rott away.

INTERESTING I have just seen an associate of mine's palace at biznet1.com//arepl033.htm. I was there last week for a christening.

It was bought over a year ago for a hell of a lot more than any of the prices listed.
This site has not been updated for years.....

David_18   Oct 11, 2008, 07:43pm /  #
I was thinking to buy me a palace in Poland and settle down there for good. But it is really hard to decide where in Poland i want to live, and how much i should spend on it. Plus i dont know what the average value/price is in Poland for this kind of properties.

I guess it's pointless to even contact the agent group on this website because the site seems to be inactive...

spiritus   Oct 13, 2008, 02:24pm /  #
The website is 10 yrs old and is full of crap anyway.

Olsztyn castle isn't for sale.

Poznan Kasia   Oct 28, 2008, 01:12pm /  #
If you choose to splash out on a castle then be sure to do a lot of investigating beforehand - very often the ownership rights are unsettled and you may end up buying something someone is going to want to reclaim (as rightfully theirs) in a couple of years... Lots of nice places in southern Poland, BTW.

jonni   Oct 28, 2008, 05:59pm /  #
Poznan Kasia:

If you choose to splash out on a castle then be sure to do a lot of investigating beforehand - very often the ownership rights are unsettled and you may end up buying something someone is going to want to reclaim (as rightfully theirs) in a couple of years... Lots of nice places in southern Poland, BTW.


Indeed. There are a few large houses (palaces even) in Poland that are virtually unsaleable. Sometimes because of ownership issues, but mostly because of the cost of renovating historic buildings. One of the Warsaw real estate magazines, a couple of years ago, was advertising some amazing houses, even for as low as $5000, but the downside is that they were uninhabitable, often with half a roof, and could only be restored by architectural specialists and art restorers who are not cheap.

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