Foreign Ownership of Islands in Poland, Europe

Since becoming a member of the European Union in 2004, Poland’s rules of foreign ownership have eased and become more transparent. Foreign buyers are allowed to buy property in Poland, but it depends on your nationality. Citizens of European Union members are free to purchase property in Poland. People from other countries require permission from the Polish Ministry of Interior and Administration.

The Polish people have a refreshingly different buying process that will surprise hardened international buyers. Face to face negotiations often take the place of banks and lawyers haggling to find compromises. Transactions are often completed with the use of just one notary. But if you’re not from Poland and you don’t speak the language, you will want to employ an English speaking lawyer. Your lawyer should also perform the title search.

In completing the purchase process, you will also need a very current letter from the local council (supplied by the vendor) stating that there are no outstanding loans, debts or mortgages on a private island. This letter has to be stamped and dated on the day of completion; debts on property are attributed to the property and not the person who created the debt. Therefore, it is very easy to accidentally buy debt in Poland.

Real estate agents in Poland seem to go well above the call of duty, taking a genuine interest in matching buyers up with suitable properties. Real estate in Poland isn’t heavily marketed and a local agent must have a good working knowledge of what’s on offer to be successful.

Regional Statistics for Poland, Europe

Location:

Central Europe, east of Germany

Population:

38,536,869

Languages:

Polish

Capital:

Warsaw

Currency:

Zloty

Climate:

temperate with cold, cloudy, moderately severe winters with frequent precipitation; mild summers with frequent showers and thundershowers

Temperature Range:

-5 to +25

Terrain:

mostly flat plain; mountains along southern border

Natural Hazards:

flooding