Polish Mortgage

Property Fees - A Strategy to Reduce Costs When Buying Property in Poland

Team BigDoor24.pl - Wednesday, May 12, 2021

When it feels like everyone has their hand out

Before deciding to buy property in Poland you need to know how the system works. As a foreigner, you can't just assume that it is the same (or even similar) to that which exists in your home country.

Buying A New Apartment? Negotiating Tips for the Polish Market #1

Team BigDoor24.pl - Monday, April 26, 2021

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

Team BigDoor24.pl - Friday, February 26, 2021

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?

Polish Property & Mortgage Market 2021 - The Expert View

Team BigDoor24.pl - Tuesday, February 9, 2021

Beyond the statistics - What's happening at street level

Penthouses may be losing their allure.

Polish Property Prediction for 2021

BigDoor24 Team - Thursday, December 10, 2020

Mortgages are cheaper, Property prices will continue to rise

Monthly mortgage repayments have never been lower as the Polish economy enters 2021 with a 35 year mortgage of 500,000 zl. costing less than 2,000 zl. per month.

Staying Afloat - Poland Records Second Highest YoY Property Price Rise In EU

Team BigDoor24.pl - Wednesday, October 14, 2020

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

Team BigDoor24.pl - Tuesday, July 7, 2020

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

Team BigDoor24.pl - Friday, May 8, 2020

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

Team BigDoor24.pl - Tuesday, April 21, 2020

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?

Team BigDoor24 - Monday, March 30, 2020

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.

Corona Chaos - Buying PLN in a Casino Environment

Team BigDoor24 - Friday, March 20, 2020

How much is the Polish Zloty worth?

This article will probably be out of date between the time you begin reading it and when you get to the end. That is how erratic and unpredictable these markets have become.

Polish Mortgage? Should you Suspend Repayments during Corona Chaos?

BigDoor24 Team - Friday, March 20, 2020

What to consider when deciding to take a Mortgage Payment Holiday

If you have an existing Polish Mortgage you are probably aware that one of the many financial reactions to the current coronavirus pandemic is a possibility to suspend your monthly mortgage repayments for up to three months.

Coronavirus, The Polish Economy & More

Team BigDoor24 - Tuesday, March 10, 2020

Do We Have a New Future?

"Where do we come from? What are we? Where are we going?" by Paul Gauguin (Image)

Have you got a Swiss Franc Polish Mortgage? Don't get cheated again!

Team BigDoor24 - Friday, February 28, 2020

Lawyers are offering a solution, that may be a problem.

In October of last year, a test case was successfully brought in the European Court by a Polish couple against their Bank over the terms of their Swiss Franc Mortgage. A complicated judgement that essentially denied the banks claim they they alone had the right to set the exchange rates when demanding repayments. This has resulted in a flood of similar claims from all over the country as homeowners received confirmation of what they had always suspected, the Banks were screwing them and they were due recompense.

Poland City Rent vs Mortgage Costs - Which is Best and Where

Team BigDoor24.pl - Monday, February 10, 2020

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?

Team BigDoor24.pl - Tuesday, January 28, 2020

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?

Team BigDoor24.pl - Tuesday, January 21, 2020

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.

Which Polish City Offers Best Value for Property Investment

Team BigDoor24 - Monday, December 2, 2019

Local Salary vs Property Price Assessment

Are you in the "right" City?

Are Polish Property Agents a Waste of Money - Rent

Team BigDoor24 - Wednesday, November 27, 2019

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.

Getting a Property Valuation

Team BigDoor24 - Thursday, November 14, 2019

Buying or Selling - Some Tips on Getting a Polish Property Valuation

Whether buying or selling, it's a good idea (and required if getting a Polish mortgage) to get a good independent valuation. And strangely, not all valuers are created equally.

Buying & Selling Polish Zloty - Do's & Dont's

Team BigDoor24 - Thursday, November 14, 2019

It's all about the spread, 'bout the spread, 'bout the spread ...

If you are in Poland for the weekend it is unlikely you will spend enough to make any real difference to how you buy your Zloty but for anyone staying a little longer, it's worth figuring out the most efficient way of changing your currency.

Are Polish Property Agents a Waste of Money? - Buying

Team BigDoor24 - Tuesday, November 5, 2019

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

Team BigDoor24 - Thursday, October 17, 2019

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

Team BigDoor24 - Wednesday, September 11, 2019

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?

Team BigDoor24.pl - Monday, September 9, 2019

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)

Team BigDoor24 - Monday, August 19, 2019

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

Team BigDoor24 - Monday, July 29, 2019

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.

Top Property Search sites in Poland - Ranked - # 2

Team BigDoor24 - Friday, June 7, 2019

Buying & Selling - Who Does What Best

The second part of our series on Polish property search portals we look at buying & selling and who does what best.

The Krakcast & BigDoor24

Team BigDoor24 - Wednesday, May 1, 2019

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

Team BigDoor24 - Tuesday, April 30, 2019

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

Team BigDoor24 - Saturday, February 16, 2019

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.

When & How to apply for a Polish Mortgage - 6 Tips

Team BigDoor24 - Friday, January 25, 2019

When to apply, How to apply, What to consider - Polish Mortgages

6 Tips that may save you serious Zloty

Rental Deposits - How Much, When and Getting it Back

Team BigDoor24 - Saturday, December 8, 2018

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.

Best city for an Airbnb Investment Q II 2018

Team BigDoor24 - Thursday, August 2, 2018

Which city offers the greatest return on investment

Everyone is doing it so why can't you?

(Fake) Media in Poland

Team BigDoor24 - Tuesday, July 24, 2018

Not Real Media, Just Property Media !

OK so the headline was fake ...ish.

Home or Investment - Don't ignore the secondary market

Team BigDoor24 - Thursday, June 14, 2018

Everyone wants new, which means there are bargains to be had

Case Study

Getting a Property Valuation

Team BigDoor24 - Wednesday, June 13, 2018

Buying or Selling - some tips on hiring a property Valuer

Whether buying or selling, it's a good idea (and required if getting a home loan) to get a good independent valuation. And strangely, not all valuers are created equally.

Renting without an Agent - A Checklist

Team BigDoor24 - Wednesday, June 13, 2018

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.