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
Things All You Need to Consider While Buying a House in Croatia
Croatia has turned out to be an attractive real estate investment destination for investors from around the world who have bought homes here either for holidaying every year in this tropical paradise or to settle down after retirement. Some of the investors also use these homes as vacation rentals to get a handsome return on investment.
If you are thinking about buying a house in Croatia as a holiday home or a retirement home, you need to take a few things into consideration before investing your money in this wonderland. First and foremost you should evaluate if buying home in Croatia would be financially viable as apart from the purchase price, the cost of the ongoing expenses will drain your finances. If you are not going to live full-time in the property, you might have to hire a property management company for which you need to build up a cash reserve.
Also Read: All that you need to know before buying a property in Croatia
The location of the property in Croatia plays an important role and as an investor, you must ensure that the location is popular with the tourists and locals so that renting or reselling it is easier. Do thorough research in advance by visiting the popular locations and take into consideration factors like easy access to public transport and amenities, schools, medical care and local markets in the vicinity. All these factors will increase the resale value of the property. Take into consideration the tax implications of buying a home in Croatia. Studying the vacation rental market of Croatia will help you in finding good tenants and you must be well versed with the real estate laws to avoid any legal implications involved in the property transactions.
As an new owner, you will have to pay real estate transfer tax of 3% of property value and real estate agency fee which usualy includes lawyers, notaries...etc. Be careful to check what is included in agency fee as some agency will have smaller fee but without lawyer and notaries which will cost you more in the end. You need to make a down payment of at least 20% while buying a home in Croatia and the rest of the money can be financed by taking a home loan and mortgaging the house. With long term financial planning you will be in a better position to find the mortgage that suits you.
Also Read: Why Buying Real Estate in Croatia Can Be a Wise Decision?
Added: 15.03.2020.
Category: CROATIAN REAL ESTATE INFO
Tips for selling property in Croatia
Croatia is a preferred destination for real estate investment and buying and selling property...
Added: 29.02.2020.
What makes Croatia the hottest real estate investment destination in Europe?
Situated in Southeast Europe, Croatia is known for its stunning coastal landscape...
Added: 15.02.2020.
Why buying real estate in Croatia can be a wise decision?
Croatia’s panoramic coastal landscape is blessed with natural abundance and its vibrant cities...
Added: 30.01.2020.
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