When purchasing a house in Poland, there are several taxes that buyers need to pay:

Transfer Tax (PCC)

• 2% transfer tax on the property’s market value or purchase price (whichever is higher)
• Paid by the buyer
• Exemptions for first-time home buyers under certain conditions

Notary Fees

• Around 1-2% of the property value
• Covers costs for notarizing the sale deed

VAT

• 8% is charged on newly constructed homes (23% VAT when the property has over 150 square meters)
• Existing homes exempt from VAT

In summary, while transfer taxes and fees apply when purchasing property in Poland, the overall tax burden is relatively modest, especially for existing homes. This presents business opportunities in facilitating foreign investment into Poland’s real estate market by highlighting the favourable tax environment.

Budget 3-4% of the property value for transfer tax and notary fees when buying an existing home in Poland.

Government website regarding Transfer Tax (PCC): Biznes.gov.pl