Through years of work we’ve seen everything. Transactions that ended in success, but also those that became nightmares. Today we’ll share stories of mistakes buyers most often make. Learn from others’ mistakes!
Mistake #1: Buying without checking neighbors
Client fell in love with apartment in Dębniki. Beautiful view of Wawel, great price. Didn’t check neighbors. After moving discovered rock band practicing until 11 PM lives above. Sold after year with 50,000 PLN loss.
Mistake #2: Ignoring zoning plan
Family bought apartment with “beautiful green view” near Ruczaj. Nobody checked zoning plan. Year later construction of 10-story block began under window. Apartment value dropped 15%.
Mistake #3: Emotional decisions
“This must be THE apartment!” – we often hear. Couple so fell in love with loft in Zabłocie, they made offer without negotiation. Overpaid 80,000 PLN. Emotions are worst advisor in real estate.
Mistake #4: Saving on experts
Client didn’t want to pay lawyer for document check. “I’ll manage myself”. Turned out seller had debts, unpaid mortgage on apartment. Legal battle lasted 2 years.
Mistake #5: No technical inspection
Young couple bought “apartment for renovation” in Krowodrza. Didn’t do inspection. After removing wallpaper discovered mold on half the wall. Removal cost: 40,000 PLN.
Mistake #6: Not reading developer agreement
Buyers didn’t read that price doesn’t include parking space. “We thought it was included”. Additional cost: 45,000 PLN. Always read fine print!
Mistake #7: Bad transaction timing
Sold their apartment before finding new one. Time pressure made them buy first available. Overpaid and regret to this day. Planning is fundamental.
Mistake #8: Underestimating renovation costs
“30 thousand will be enough” – they said. Final renovation cost of 50m² in Grzegórzki? 85,000 PLN. Always add 50% buffer to planned budget.
Mistake #9: Buying “investment” apartment without analysis
Businessman bought 3 studios in Czyżyny counting on easy profit. Didn’t analyze local rental market. Apartments stand empty 3-4 months yearly. ROI instead of 6% comes out 2%.
Mistake #10: Believing in “deal of lifetime”
“Only today this price!” – classic. Client fell for pressure. Bought apartment 20% below market. Reason? Stench from restaurant on ground floor he “didn’t notice” during viewing. No free lunches.
In our agency we protect clients from these mistakes. We have checklists, procedures, experience. Because every mistake you avoid is money saved and nerves preserved.
Worst mistake? Thinking “it’ll work out somehow”. In real estate doesn’t work that way. Here preparation, analysis and cool head count.
Eternel – Estate Agency
Adres: al. Jana Pawła II 58, lok 2.1, Kraków
Telefon: +48 577 707 032 (WhatsApp, Telegram)
E-mail: [email protected]
Strona: https://eternel.agency
📲 Telegram: @Eterneladmin