Buying property

Buying property

Find out how you can buy property in Croatia. The latest rules and conditions of purchase. Who can buy property as a natural person, who must open a business to buy a property. See more

What to buy?

What to buy

Consult with our experts to help you in making a decision, whether to buy a building plot, dilapidated house or a new and completed villa. Each option has advantages and disadvantages. See more

Renovate property

Renovate property

A team of experienced architects, engineers and builders will help you. Our professional staff will help you renovate, equip or build from the beginning according to your wishes and conditions. See more

Legal assistance

Legal assistance

It is difficult for you to find reliable and professionally qualified person, we have selected just such for your safety, which will make your decisions easier and safer. See more

All that you need to know before buying a property in Croatia

Owning a holiday home is a dream everyone aspires for.  It is important to consider a lot of factors while buying a property or a holiday home as it may cost a fortune.  One such amazing destination on the planet is Croatia which should be in your consideration list while planning to buy a holiday property.  The Republic of Croatia is a country in Southeast Europe, on the Adriatic Sea. Its capital Zagreb forms one of the country's primary subdivisions, along with twenty counties.

All-that-you-need-to-know-before-buying-a-property-in-Croatia

Tourism is a significant source of revenue, with Croatia ranked among the top 20 most popular tourist destinations in the world. Its coastal location and serene ambiance have made it a preferred choice for investors from all over the world who want to grab a piece of land in this beautiful country with well-preserved natural beauty and good connectivity. It has spectacular ocean views, clean cobble streets leading trought the old city cores and many restaurants and lounge bars in city centers. You can make Croatia your retirement home or a private getaway far from the polluted cities.

If you are planning to purchase a property in Croatia as your second home and do not want to live in there on a permanent basis, you will have to factor in various additional costs of yearly property maintenance. Therefore, you need to hire a property management company and determine rental income that can be earned throughout the year to maintain the property.

Choosing a good property location in Croatia is very important if you want a decent return od investment in the form of rental or even if you want to sell it after a few years. Consider the factors like amenities offered in the property and analyze trends in resale values by doing an extensive market research. Make sure there are good schools and hospitals nearby. The type of home you buy in Croatia is equally crucial. The costs and demands of owning a single-family home are quite different from those owning an urban apartment.  

Understanding the tax implications of the property is another important factor you must consider before buying your dream house in Croatia. As a property owner you need to consider property taxes applicable and the income tax you need to pay if you plan to rent out the property. Most investors who are buying a home in Croatia, prefer using a combination of down payment and a mortgage for the remaining amount. It is advisable to make maximum down payment to reduce the loan liability on your property. Do your own research for various mortgage products and payment schedules that suit your budget.

Finding good tenants or trustworthy guests, understanding and preparing leases or short-term agreements, and understanding the vacation rental market are just a few of the practical steps you must take to turn your property investment in Croatia into a profitable venture.   If you are a foreign national then you should know about the rules and regulations before proceeding to buy the property in Croatia.  It may be a good idea to engage a lawyer or agency who is an expert in real estate matters of Croatia

 

Added: 15.10.2018.

Category: CROATIAN REAL ESTATE INFO

 
ABOUT AUTHOR
Broker real estate agency

Ivica Vulić is real estate professional, director and founder of Broker real estate agency - one of the biggest Croatian agencies. Founded in 1993. Broker agency is well known on whole area of Croatian coast and islands helping people sell and buy properties. With over 25 years of experience Ivica is knowledgeable in all aspects of real estate business and latest trends and opportunities on Croatian real estate market.

Over 20,000 properties

Over 20,000 properties

With over 20 000 properties, we believe that we can comply with any request, thanks to the unsurpassed network of partners, private sellers and renters. Through this network we have access to the best Croatia real estate that can be found on the market in the most amazing and the most desirable locations in Croatia. See more

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Discrete sales

We find that the discretion sales are important as a form of asset protection and business image of our client vendor, who often decide just for this service and thus wanting to take their property, do not advertise generalized promotional channels, but only on our site. See more

Top Croatia agents

Top Croatia agents

Members portal Croestate are the highest quality agencies and agents for mediation in property sales. All are certified and licensed for real estate mediation. Avoid illegal and unprofessional agencies. See more

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