Rent
Where are we at with Polish interest rates?
Up, Down - It doesn't matter if you can't afford a mortgage
If Poland hadn't been one of the most successful global economies of the last 30 years then we wouldn't be facing the current inflationary tsunami in the same way.
BORROW EURO, BUY IN ZLOTY - IS NOW A GOOD TIME?
Hedging in a time of inflation
If you have been considering buying Polish property in 2022, you may be holding back to see how recent (and expected future) interest rate rises will affect apartment prices.
Buying A New Apartment? Negotiating Tips for the Polish Market #1
Price is not the only route to getting a better deal
Recent reports suggest that Poland delivered 7% more homes in 2020 than they did in 2019. This despite the pandemic. Prices have held firm and in some areas increased in contrast to expectations (including ours) from early 2020. Interest rates are rock bottom so affordability is greater and demand has increased as demonstrated by the latest mortgage report. So why would developers negotiate with you in such a positive market?
Polish Salaries, Property Prices & Mortgage Costs - 2018 to 2020
Assessing the past may sometimes be a guide to the future
After almost twelve months of lockdowns, mask wearing and isolation where has the Polish property market been and where might it be going?
Staying Afloat - Poland Records Second Highest YoY Property Price Rise In EU
Latest report shows Poland property prices up 10.9% from Q2 2019
Despite Covid-19, demand for property is still very very strong in Poland, resulting in a continuation of price increases.
The Polish Economy 2020 and Beyond - A Quick Update
Green Shoots - Economic indicators are beginning to have more relevance...finally.
Welcome to the new normal. Our last post made the point that we would simply not get involved in the projection game until there was a clearer picture of what was going on in the economy. We are getting closer to that point and the recent report from the EC Summer Economic Forecast puts some meat on the bones of previously sketchy data.
Polish property up or down? What we can tell so far
Without a definite date for a vaccine, we work with what we know
Further to our previous articles on the ongoing pandemic and the relationship to property, some things are becoming clearer.
Polish Property in 2020 - Some Thoughts & Observations
If you think you know what's coming, you're wrong.
As we enter month two of our "please give me your Netflix password" period, there is no shortage of people who can tell you what will happen in the future. Whilst there is nothing wrong with listening to educated experts suggesting possible outcomes, declarative economic statements should be eyed with suspicion.
Will Airbnb be around in 6 months?
Staycations are not in the companies business model
Amongst the many disruptions to the global economy, many companies have suddenly rose in value as their product directly benefits the current situation. Airbnb is not one of them.
Poland City Rent vs Mortgage Costs - Which is Best and Where
Q4 2019 - Are You Losing Money by Renting?
Despite, in some cases, double digit growth in property prices in Poland in the last year, we examine whether renting or buying is a better option for your finances.
Polish Property Market 2020 - A Good Time to Buy?
To Buy or not to Buy, that is the question
What a year it's been for both the Polish economy generally and the Polish property market in particular. Growth in the number of new build properties, prices and mortgage approvals all exceeded official forecasts. Unemployment, despite increasing marginally in the last quarter remains at an historic low of 5.1 % and salaries have increased on average by 6% in 2019.
Buying for Investment? Should you Bother Renting it Out?
The Argument for NOT Renting out a New Apartment
Buying an apartment anywhere in the world can be like booking a Ryanair flight. The headline price rarely is what it actually costs you.
Are Polish Property Agents a Waste of Money - Rent
Series 3/4 - Renting
Further to our initial articles in the series, Are Polish Property Agents a Waste of Money/ Selling & Buying we now look at Renting.
Are Polish Property Agents a Waste of Money? - Buying
Series 2/4 - Buying a Property
Following from our initial article in the series, Are Polish Property Agents a Waste of Money/ Selling we now look at Buying.
Are Polish Property Agents a Waste of Money? - Selling
Series - 1/4 - Selling your Property
In a recent Bloomberg article claiming that German and American property agents were ripping off their clients in high fees and low service we decided it was time to look at what Polish property Agents do, don't do and where does your commission go.
How will Doubling the Minimum Wage affect Polish Property
Up or Down?
The Government announced plans this week to double the Polish minimum wage over the next 4 years (Bloomberg), should they be re-elected. What effect will this have on future Polish property prices?
How Safe is your City?
Burglary Numbers by Vovoidship
The official numbers are out from the National Map of Security Risks detailing amongst others, the number of reported burglaries by Vovoidship for the period January to June 2019.
25% of Ukrainians may leave Poland in 2020 - National Bank of Poland (NBP)
How this may affect the property market
According to a recent report from the NBP's Dept. of Economic Analysis the expected 2020 legislation in Germany, allowing work permits for non-EU citizens, may result in a reduction of the number of Ukrainians working and living in Poland by 20 to 25 % from current levels.
Love the Sun, Hate the Heat - Air Conditioner Tips in Poland
Be Cool
There are lots of articles out there that detail the different types of Air Conditioning to get this summer. From the small portable units with their varying prices, energy efficiency and bacterial effects to the built-in multi-room wall controlled ones, there is a lot to choose from.
The Krakcast & BigDoor24
The Krakcast interviews with BigDoor24
In partnership with The Krakcast podcast, a popular and growing Krakow based podcast for Expats, members of the BigDoor24 team provide expert insights on Polish property, including Polish rentals, buying in Poland, Polish Mortgages and more
Wroclaw Uncut & BigDoor24
Wroclaw Uncut & BigDoor24
In partnership with Wroclaw Uncut, The premier English language Wroclaw magazine, BigDoor24 will be publishing exclusive Wroclaw centered articles on renting, buying , letting or selling property in Wroclaw.
Polish Rental Agreement - 5 things you need to know
What's in the contract, What's not, and What should be....
Not knowing some basic things about a Rental Agreement is just a gamble.
Rental Deposits - How Much, When and Getting it Back
Just Easier When You Know
As in most countries, it is perfectly normal that a tenant is required to pay a deposit to a new landlord to cover any outstanding utility charges or damages to the property during a tenants stay.
Renting without an Agent - A Checklist
Going it alone
When renting a property through an agent you will normally pay a fee equivalent to one months rent ( or less if using BigDoor24 ).so you may decide you would like to avoid paying anything.