How to buy distressed assets in Poland
In Poland distressed assets are sold at bailiff auctions (licytacje komornicze, art. 955 KPC) and through insolvency (syndyk) sales registered in KRZ.
The distressed-asset flows in Poland
Bailiff auctions of real estate and movables are published on licytacje.komornik.pl; insolvency sales run through the syndyk with notices in the Krajowy Rejestr Zadluzonych.
Step by step
- Find the licytacja and read the operat szacunkowy (valuation).
- Check the ksiega wieczysta (land register) entries.
- Pay the rekojmia (deposit) and follow the bidding rules.
- Plan taxes and fees.
- Engage a local lawyer for due diligence.
Official sources
FAQ
What is rekojmia?
A participation deposit, usually a share of the appraised value, required to bid.
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