Buying an apartment in Bialystok: what buyers should know
Along with Warsaw and Gdansk, the Polish city of Bialystok arouses a great interest of foreign buyers. It is located near the Belarusian border being an important transport hub in Poland. The city has an advanced infrastructure and many interesting sights. Its low housing prices can be marked among other city advantages. The cost of one square meter here is approximately one thousand euros without taxes. And you can buy property at such low prices not only in the secondary market, but also in the new developments.
Purchase of an apartment in Bialystok: what to pay attention to
When buying a residential apartment, a foreign buyer should take into account the following aspects:
- Availability of the complete package of documents for housing at the seller.
- Location. The most budgetary options are in the outskirts. The cost of an apartment in the center of Bialystok can reach 1.5-2 thousand euros per square meter.
- Remoteness from the Byala river. It is important to note that living space close to tourist destinations will be better rented out.
- It is impossible to obtain a residence permit with permanent residency. The country does not provide for the purchase of «square meters» for investments.
What type of apartments in Bialystok is of the greatest demand
In the local housing market, one-bedroom and two-bedroom flats are bought up. They are often purchased not only by young couples, but also by reputable foreign investors for further renting out. Three-bedroom and four-bedroom luxury apartments in Bialystok are less often purchased and are poplar mainly with the buyers whose income is above the average.