Flexible payment arrangement for land purchase in Poland

inkrakow:

ragtime27:
just got an answer from the vendor,it's a WZIZT.

Do I see these as negative thing or not big deal?

It's a good thing, provided that it allows you to build what you want! Check the terms carefully, and the expiry date too. The WZiZT is an outline planning permit and it gives the general conditions that any building(s) on the plot need to fulfill. The next step is to obtain a Building Permit which is issued on the basis of plans for a specific building - you should check if this is still needed where you are though as I've been hearing rumours of the law changing in the last few months but I don't know what the status is now.

inkrakow	Jun 14, 09, 18:15 / #
ragtime27: just got an answer from the vendor,it's a WZIZT. Do I see these as negative thing or not big deal? It's a good thing, provided that it allows you to build what you want! Check the terms carefully, and the expiry date too. The WZiZT is an outline planning permit and it gives the general conditions that any building(s) on the plot need to fulfill. The next step is to obtain a Building Permit which is issued on the basis of plans for a specific building - you should check if this is still needed where you are though as I've been hearing rumours of the law changing in the last few months but I don't know what the status is now. ragtime27: What is the downturn except paying more in Capital Gain (UK) if I decide to sell. You may face an unpleasant conversation with the Polish tax authority when they ask you why you paid less than their opinion of what the land is worth. This happened to us because there was a long delay between paying the deposit and completing the deal, during which time prices went crazy, and it wasn't too pleasant (the rise in value was nice though).

ragtime27Threads: 1 Posts: 245 Joined: Feb 20, 09	Jun 14, 09, 22:04 / #
inkrakow: ragtime27: just got an answer from the vendor,it's a WZIZT. Do I see these as negative thing or not big deal? It's a good thing, provided that it allows you to build what you want! Check the terms carefully, and the expiry date too. The WZiZT is an outline planning permit and it gives the general conditions that any building(s) on the plot need to fulfill. The next step is to obtain a Building Permit which is issued on the basis of plans for a specific building - you should check if this is still needed where you are though as I've been hearing rumours of the law changing in the last few months but I don't know what the status is now. Yes I did check the terms,apart from restriction to build one story +loft which i can live with it since it will be holiday home. the house must be 30meters away from the waterfront,i preferred little closer