| Characteristic | 2021 | 2023 | 2024 |
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March 2025
Poland
2021 to 2024
Apartment rented for 12 months
*Net profitability is the profit of the apartment owner for rent, but after taking into account all the costs. When buying an apartment, these are realtor's commission (3%), tax on civil law transactions (2%), notary's fee, and refreshing a used apartment, and buying furniture. During the rental period, the following are deducted from the income: the rent, the cost of apartment insurance (0.1% per year), the costs of the manager who takes care of the rent (10% of income), the apartment tax (8.5%), the expenses for refreshing the premises every ten years, and minor repairs every three years.
