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

Loans for citizens

Loans for Croatian citizens

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Best real estate tips for investing in Croatian Property

Tips for investing in Croatian Property

If you are longing for some decent rental income then Croatia is the place to invest your money and buy real estate at down to earth prices. The property in Croatia can be purchased both for investment and leasing out purposes. Below are some tips to keep in mind while investing in Croatian real estate to avoid negative purchasing experience:


Licensed Agents: Deal only with fully licensed real estate agents who offer you properties with clean titles as many foreigners have invested their hard earned money in recent years in properties which do not have clean title. The real estate market has now been regulated and agencies are now required to adhere to the code of conduct.


Legal support: Engage a good lawyer before investing in Croatian real estate for sale in Croatia as it is a complex transaction. Make sure the property has a plot number, the name of owner and clean ownership. Carefully study the property documents and ensure that property is free of any mortgage from the bank. If the property is clean without any loans then it will be marked as ‘Tereta Nema’.


Deal clarity: If the title deed is not clear then engage with your lawyer who can help you assess the likelihood of a sale. Make sure there are no nightclubs or noisy cafe bars which will open next door as they can depreciate your property value and it can be difficult to put it on rent.


Apartment segregation: Apartments are more preferred by property buyers in Croatia as they are easy to maintain and lease out. One major issue with Croatian apartments is known as ‘etaziranje’ or sub-division. Many apartment blocks are sold without being legally sub-divided into apartments. Therefore, mostly the buyer ends up with a share in the building rather than a proper legal apartment. Make sure you check the property documents and use the services of an real estate agency to be safe.


Property permits: The properties in Croatia usually have three permits. Location permission, building permit, and usage permit. It can be a problem for buyers wanting to rent them out. You have to be cautious about a land purchase as permits to build take time and are not straightforward. You must obtain a license to rent your property in Croatia which again is not a straightforward procedure. Make sure you use the services of a right agent and a good lawyer.

 

Added: 30.10.2018.

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

Discrete sales

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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Newest information

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