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Abstract
In view of the growing interest of foreign
investors in investments in Poland, especially since Poland’s
accession to the European Union, this article analyzes the
profitability of the transformation of the perpetual usufruct
law into the right of property at various times in the duration
of this right, on the basis of the empirical formula presented in
Polish law (the legal act) – The Ordinance of the Council of
Ministers on the valuation of real estate and the estimated
cadastre survey. It was analysed how the fee for the
transformation of the perpetual usufruct law into the right of
property changes depending on the assumed rate of
capitalization, interest rate on the annual fee, the number of
years in the unused period of usufruct.