Property Buying Guide: How to Buy Real Estate in Kraków

Thinking about buying property in Kraków? It's an exciting move, whether you're planning to relocate, invest, or snag your very first home. This guide is here to help you through each step, making the whole buying process easy, straightforward, and stress-free.

1. Why Buy Property in Kraków?

Kraków is still one of Poland’s go-to spots for real estate, and here's why:

• Lots of interest from students, expats, and professionals

• Steady growth in property values

• Great rental returns

• A safe and straightforward buying process

• High quality of life with awesome transport, culture, and services

Hot neighborhoods: Stare Miasto, Kazimierz, Podgórze, Grzegórzki, Krowodrza, Zabłocie.

2. Can Foreigners Buy Property in Poland?

Indeed — EU citizens can purchase without any difficulty. Non-EU individuals can also easily acquire apartments; however, remember that purchasing land or standalone houses may require a permit.

As most newcomers opt for apartments, the process is generally straightforward.

3. Understanding Property Types in Kraków

• New Developments (Rynek Pierwotny)

New-build apartments in Kraków are popular with both investors and first-time buyers. They typically offer:

• Modern layouts and high energy efficiency

• Developer’s guarantee/warranty

• Delivered in a “shell” (standard deweloperski) — meaning unfinished inside. Buyers need to complete flooring, doors, kitchen, bathroom fittings, lighting, and interior decoration. At www.eldin.com.pl we can help with apartment finishing.

• No 2% PCC tax

• Often located in growing neighbourhoods with new infrastructure

• Resale Properties (Rynek Wtórny)

• Established buildings in attractive, central areas

• Often move-in ready or already renovated

• Immediate rental potential

• Can offer more character or larger spaces

4. First-Time Buyer Guide

Buying your first property in Kraków is a big milestone. Here’s what first-time buyers should know:

A) Key Advantages for First-Time Buyers

• Lower pressure to sell an existing property

• Access to Poland’s first-time buyer mortgage programmes (when available)

• Opportunity to buy in growing districts before prices rise

• Chance to enter a stable, high-demand market

B) What to Consider as a First-Time Buyer

• Budget planning: Include notary fees, taxes, renovations, furniture

• Lifestyle needs: proximity to work, transport, parks, schools

• Future-proofing: choose locations likely to grow in value

• Maintenance costs: building admin fees, utilities, reserve fund

C) Recommended Districts for First-Time Buyers

• Grzegórzki – central but affordable

• Podgórze – trendy, residential, great for young professionals

• Dębniki – growing rapidly near business districts

• Krowodrza – safe, well-connected, good long-term value

D) First-Time Buyer Mistakes to Avoid

• Rushing into a purchase without comparing districts

• Skipping legal verification

• Underestimating renovation or furnishing costs

• Choosing based on emotions rather than long-term plans

E) How Eldin Estates Helps First-Time Buyers

We support new buyers by:

• Explaining every step clearly

• Helping you understand market prices

• Advising you on districts that match your lifestyle

• Checking all legal documents

• Guiding you from first viewing to final keys

connect with us at www.eldinestates.com

5. Step-by-Step Guide to Buying Property in Kraków

Step 1: Define Your Budget & Requirements

Consider price, size, location, investment potential, and your personal needs.

Step 2: Property Search & Viewing

A trusted agency helps:

• Filter the best listings

• Arrange viewings

• Highlight risks and opportunities

• Compare price per m² across districts

Step 3: Legal Verification & Due Diligence

Before signing anything, verify:

• Land registry (KW)

• No debts or mortgages

• Building permits

• Seller’s ownership rights

Step 4: Making an Offer & Negotiation

Offers are usually submitted in writing.Negotiation is common and often expected.

Step 5: Pre-Contract (Umowa Przedwstępna)

This secures the property.Typical deposit: 10%.

Step 6: Final Notarial Contract

Signed at a notary office. You receive the keys and official ownership.

Step 7: Registration & Aftercare

Your agent or lawyer assists with:

• Land registry updates

• Utility transfers

• Building administration registration

Find out more on how we can help you at https://www.eldinestates.com/property-search

6. Costs Involved

Resale Properties:

• 2% PCC tax (currently first time buyers are exempt from paying pcc tax)

• Notary fees

• Legal fees

• Agency commission

New Developments:

• No PCC

• VAT included in price

• Notary fees

7. Financing Options for First-Time & Foreign Buyers

Banks may offer:

• 80–90% LTV mortgages

• Fixed or variable rates

• Loans for foreigners with stable income

Documents often required:

• Income proof

• Employment contract

• Bank statements

• Credit history

Need help with financing, talk to us and we will connect you with the right person.

8. Rental Market Snapshot

Kraków offers strong rental demand, especially in central and business districts.

Estimated yields:

• 4–6% in central areas

• 3–5% in suburban areas

9. How Eldin Estates Supports Your Buying Journey

Eldin Estates specialises in supporting buyers throughout the entire process of finding and purchasing property in Kraków. From area guidance and property search to viewings, negotiation, legal coordination, and architectural insight — we help you make informed, confident decisions.

Connect with us at www.eldinestates.com to find out more.