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?
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
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
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
Costs you have to incur when buying real estate in Croatia
There are several factors to be taken into consideration while buying property in Croatia. When you engage a real estate agent in Croatia, he is expected to guide you through the purchasing process with transparency so that you don’t feel cheated at any point of time during the entire transaction.
The buyer is supposed to pay the Croatia real estate transfer tax which has been reduced from 4% to 3% with effect from January 1, 2019. The tax base is the market value of the property at the time of ownership transfer. The tax authority reserves the right to assess a different value if the property is sold well below the market price. This tax is payable by both domestic and foreign legal entities and individuals unless an international treaty provides otherwise.
The real estate agent usually charges a brokerage fee of 3% of the purchase price plus VAT at the current rate which comes to 3.75% of the real estate purchase price. It is recommended to hire the services of a professional lawyer while purchasing Croatian real estate for drafting the contract and checking the legalities of the documents. The cost of the lawyer varies and usually, you are required to pay approximately 1.5% of the property value plus Croatian VAT which adds up to 1.875% of the real estate purchase price.
In addition to the above costs, you are required to pay notary fees, land registry fees, and translation costs. Other expenses include an application for the OIB tax number and registration of utilities. The transfer of real estate ownership is subject to a transfer tax of 3% of the market value. Both Croatian nationals and foreign nationals are required to pay this tax. It does not apply in the case of new buildings, where VAT of 25% is applied. Lawyers usually charge legal fees of around 1% of the purchase value, while real estate agents charge a commission that is between 3 to 6 percent, paid by buyer and seller. The VAT is usually imposed on new properties and is paid by the seller who usually passes it on the buyer through an increased purchase price.
Added: 15.09.2019.
Category: CROATIAN REAL ESTATE INFO
Things you need to consider while buying property in Croatia
In the past two decades Croatia has become a popular destination for real estate investment by foreign nationals...
Added: 30.08.2019.
Assess the rental value before you invest in Croatia real estate
Located in Southeastern Europe, Croatia is a beautiful country with a pleasant climate, thriving tourism industry...
Added: 15.08.2019.
Tips to sell your real estate in Croatia in 2019.
Croatian real estate has gained popularity in the last decade amongst the serious real estate investors from all over the world...
Added: 30.07.2019.
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
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
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
Newest information
Information and real estate data are updated on a daily basis. Our IT specialists enter new data and information which enable you the most accurate information about real estate... See more