How easy is it to
buy a house in Poland?
Buying a house in Poland can vary, but typically, the process takes around 1-2 months from start to finish.
Here’s a general breakdown of the timeline:
Property search and negotiation: 1-3 weeks. This includes finding a suitable property, negotiating the price, and signing a preliminary purchase agreement (umowa przedwstępna) with the seller.
Obtaining mortgage approval (if applicable): 2-3 weeks. If you’re financing the purchase with a mortgage, the bank will need to process and approve your loan application. Depending on the lender and your financial situation, this can take several weeks.
Due diligence and legal checks: 1-2 weeks. During this period, your lawyer or notary will conduct due diligence checks on the property, including verifying ownership records, checking for encumbrances or debts, and ensuring all legal requirements are met.
Final contract and transfer of ownership: 1 week. Once everything is in order, you’ll sign the final notarized deed (akt notarialny) to transfer ownership. The notary will also handle the payment of any outstanding taxes and fees.
Registration with land registry: 2 weeks after the transfer, the new ownership must be registered with the local land registry office (Ksiega Wieczysta).
It’s worth noting that the timeline can be shorter or longer depending on factors such as the complexity of the transaction, the responsiveness of all parties involved, and any unforeseen issues that may arise during the process.
To ensure a smooth and efficient process, it’s highly recommended that you work with a reputable real estate agent and a qualified lawyer. They will be your trusted guides, helping you navigate the various steps and handling potential complications. Their expertise will give you the confidence you need during this critical journey.
Alex Zolczynski
A reputation for honesty is more valuable than any material asset.