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Property ownership

The costs of owning a property in Poland can differ depending on the type and size of the property, its location, and other individual circumstances. However, as a general guide, owners should bear in mind the following:

• Income tax - you must declare rent as income and pay income tax annually on a progressive scale of 19%, 30% and 40%. You can also register for a flat tax of 19% (this does not allow for deductions).
• Annual property tax - charged by local authorities on the value of the property - up to the maximum rate of 2% of the construction cost for new buildings.
• Capital gains tax – this tax is not applicable if the property is sold after five years, or if a property is sold and the funds then immediately reinvested into another Polish property.
  
  If you sell your property before five years are up, you could be liable for 10% of the selling price – not the capital gain. Capital gains tax is charged at a flat rate of 19%.
• Inheritance tax – Polish property that is inherited is not taxable as long as the deceased and the heir of the property are not Polish residents or nationals.
• There is no wealth tax in Poland. Poland's corporate tax rate is 19%.
• Property management charges – to have a company manage your property in your absence - agencies charge from 7% of monthly rent (plus 22% VAT) to find a tenant and manage the tenancy.
• Maintenance costs – in Poland, it is up to the landlord of the property to pay for the upkeep of communal areas, which includes maintenance and security.
• Local property taxes – there may be additional municipal taxes to cover waste collection, etc. which will vary according to the municipality.
  

Related items

Documents and Reports

	Poland property investment report (420Kb)
	Poland property guide (1Mb)
	Poland country guide (941Kb)
Documents and Reports

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