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Poland introduces tax exemption for first-time homebuyers
Posted on September 11, 2023 |
Poland introduced a tax exemption for first-time homebuyers, effective September 1, eliminating the 2% property purchase tax.
Expected to boost the lower end of the housing market and assist prospective homeowners amid rising property prices.
Significant savings for buyers; a €100,000 property purchase saves €2,000, and €4,000 for a €200,000 property.
Property purchase tax rose to 6% for those buying their 6th or more properties to curb speculation.
New housing regulations require units to be larger than 25 square meters and increase the distance between adjacent buildings from 4 to 5 meters.