02-03-2010We are now approaching the end of a cold and snowy winter, even by Krakow standards. Unsurprisingly, both the rental and sales market have been quiet during the winter, though we can already see rising levels of interest in the market as spring approaches.
11-12-2009
In the last quarter of 2009, we have seen increasingly positive signs in the sales market in Krakow, with the level of transactions increasing and some high value sales concluded in central Krakow.
Transferring currency to buy a Property in Poland.
In response to demand from it's client base, PKG real estate has established an affiliate program with World Wide Currencies to offer competitive exchange rates from foreign currencies, such as the British pound (Gbp), the Euro (Eur) and the US dollar (Usd) into the Polish Zloty (Pln) and vice versa.
When exchanging currency to buy a property in Poland, it is important to use a currency exchange broker who is familiar with Poland and its banking system, who deals in Pln and who can offer advantages over using traditional banks for making Pln money transfers to and from Poland.
Why use Worldwide Currencies currency (WWC) broker through PKG's affiliate scheme.
Better exchange rates
Save money by receiving better exchange rates for Pln than your bank will offer with likely savings of 1000's of pln on larger transactions associated with property deals.
No fees or commissions.
You will receive the rate that you are quoted with no additional charges added on unlike many high street banks with charge for foreign exchange.
Services tailored to buying property overseas and more specifically in Poland
Regular payment service
If you need to make regular payments to or from a Polish Zloty account for whatever reason, then it is possible to use the regular payment service to fix the exchange rate so you know exactly how much you will pay or receive each month and reduce transaction costs compared to frequent one off transfers.
This service is useful for individuals who
- receive rental income from home or abroad
- require funds to make mortgage repayments in Poland
- are buying polish property off plan and are required to make phased payments to complete the purchase of the property.
Stop/Limit orders
Protect yourself against adverse currency movements by putting limits on your order and specify the rate that is best for you.
Forward Transfers
Secure favourable forward rates to fix the cost of buying a property in Poland. Ie if you set the exchange rate today for a property purchase that will complete in 6 months time, then you remove the risk of currency fluctuations between now and the date of completion.
One to one service
Receive a personalised service from your currency broker who will be able to help and advice you regarding how to make transfers and the exchange services available and who can act as a point of contact for any issues.
