What are the most common questions when buying an apartment?
1. Is it worth taking a specialist with you?
e.g.: property appraiser, building inspector, construction worker with many years of experience
Answer:
Of course!
First of all, construction standards are a very important aspect. In many older buildings, no wt (technical requirements) standards were enforced.
Today, the minimum value that we can find in buildings is:
For external walls:
- 2014: U-value decreased from 0.3 W/m2K to 0.25 W/m2K
- 2017: 2nd stage of changes and lowering the U coefficient to 0.23 W/m2K.
- from 2021, the U-value will not exceed 0.2 W/m2K.
For window joinery:
- ordinary windows and balcony doors: from 1.1 W/m2K to 0.9 W/m2K
- roof windows: from 1.3 W/m2K to 1.1 W/m2K
Differences in the costs of renovating individual buildings can be very large. Regardless of whether it is the secondary or primary market, it is worth spending several hundred zlotys on a specialist who will realistically estimate the renovation costs. Thanks to this investment, you can save up to several thousand if you buy an apartment with technical defects.
2. Rent or buy on credit?
Answer:
There are so many variables here that we could write a book about it.
The best method is to compare all expenses in Excel or provide a written illustration of the monthly costs we incur for shopping, fuel, etc. based on a bank statement.
First, it's worth asking yourself the following questions:
Why are we doing this?
What do we want to achieve in the future?
Do we plan to have children or have pets?
A family, a single person, and a young couple will make a different decision.
To sum up, it is worth separating financial possibilities from emotional needs and choosing the right apartment that meets your needs and does not strain your wallet..
3. What may disqualify you from purchasing an apartment??
Answer:
Among others:
- debt exceeding the purchase price of the apartment,
- life imprisonment, entered in section III of the land and mortgage register,
- entry in section IV - mortgages.
Here it is worth consulting everything with a lawyer, as such things often prolong the entire transaction.
4. Is it worth working with an intermediary??
Answer:As we wrote earlier, everything is based on trust.
If you have a trusted intermediary who is an expert, it is worth it.
Agree on the terms of cooperation with the intermediary.
The main advantages of using an intermediary are:
- The broker is impartial and will approach the purchase rationally.
- The intermediary can find out all sorts of things.
- You can also obtain the necessary documents.
- He can consult everything with the notary.
5. Great album - is it worth buying?
Answer:
If you make a list of things that are important to you and that the apartment should meet, you will see that making decisions is much easier.
For example, for a used apartment you will pay PLN 7,000/m2 and for a new one PLN 7,800/m2, the difference is not large, and the technical condition in both cases is significantly different.
Ten years ago, research was carried out that the price of large panels will become cheaper by 5% every year, while the price of the primary market will increase by 10% every year.
There were also opinions that "the big slab will collapse." However, for now we can rest assured that problems of this type may only appear in the next generation.
What will happen in 20 years? We recommend a cold assessment here.
What is profitable? Try to notice the potential for today.
What opportunities does housing offer today?
At what price do we buy, etc.?
6. Which apartments should I buy, new or used??
Answer:
Which car is worth buying?
It depends. There are many complex factors that you need to evaluate yourself,
assess the potential of the apartment today. If you are the president of a company, you will probably buy an apartment in a small building that has just been put into use.
A family that buys an apartment for cash will probably also choose a new apartment for a longer period of time. As you can guess, a person who wants to rent an apartment will buy an apartment near the university, well connected to the center. A large slab won't be a problem here.
7. Residential premises with perpetual usufruct?
Answer:
Here it is worth contacting an expert, a lawyer.
Every cooperative is different. She has undertaken and continues to undertake various activities.
The decision between a residential premises with perpetual usufruct of land and a premises constituting a separate property is simple. Most even prefer to pay more to have separate ownership.
8. How to check if the apartment is sunny?
Answer:
Just download the compass to your phone. In Poland, the sun shines in the southern direction.
We can also look for noon, there will always be sun at 12:00.
The darkest direction is north. To sum up, just look out the window or go to the balcony with a compass on your phone.
9. How to check whether noxious roads or properties will be built near the building in the future?
Answer:
We can check this in the local development plan.
The best solution is to buy an apartment in an area where nothing will be built anymore, because the entire area has already been developed.
10. Is it possible to receive the entire amount for selling the apartment and live for some time while waiting for the new apartment to be collected from the developer??
Answer:
It all depends on negotiations and arrangements. It is good practice to implement this in the form of a lease agreement.
We sell the apartment, we receive funds. We prepare a lease agreement. The previous owner becomes the tenant.
11. Why are the rents different in the same location in two apartments operated by the same cooperative??
Answer:
This may result from the content of the contracts signed by the cooperative with media suppliers.
As you can guess, a large cooperative could get better conditions.
This may also involve high consumption of water, electricity and gas.
Imagine a situation where an elderly single person or a family with three children lives in an apartment, where the dishwasher is constantly running and the bathtub is filled with warm water three times a day. Remember that the price of heating a cubic meter of water may vary in cooperatives.