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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Why choose a property under renovation in Croatia?

If you are planning on buying home in Croatia then purchasing a property under renovation on seafront can be an ideal option as the coastal areas of Croatia are immensely popular amongst the real estate investors. Renovation properties are comparatively cheaper to buy but they might require extensive restoration and repair work in addition to exterior remodelling and home improvements.

Why choose a property under renovation in Croatia

Local laws prohibit construction of new properties in the coastal belt of Croatia and owners of existing homes are not willing to sell their cherished houses. Therefore, buying a property under renovation is the best option. Old historic houses are being purchased by foreign investors for rental gains by converting them into holiday homes and are increasingly becoming popular among buyers for their old world charm and attractive price.

The rural belt of Croatia has many old houses which are built on solid foundations but require extensive renovation and restoration as they are lying vacant and unused. Their proximity to the sea makes them attractive for foreign investors who see immense tourism potential these properties have to offer. These houses might not look appealing at first sight but once renovated and restored, they can be a excellent value for money proposition for serious investors.   

You need to hire professionals for the renovation and restoration of old homes in Croatia to ensure that work is carried out as per your specifications and requirements. Make sure they meet the timelines for carrying out the repairs and the project is not dragged unnecessarily. It is advisable to engage a competent lawyer for obtaining permits and all kinds of legal documentation involved in the purchase and restoration of the historic property. Services of a good contractor should be availed to get the costing for plumbing, electrical, polishing and painting of the house. Once the contract is given for the renovation, the buyer must pay a regular visit to the property to ensure the work is done to his satisfaction.    

Due to high demand and strict construction laws, buying a new property in Croatia is becoming more expensive and foreign buyers are exploring the option of investing in affordable old houses needing renovation. These old houses are available in plenty and they might not seem very attractive in first glance but most of them are built on solid foundations and offer spectacular views of the surroundings. Renovation of old homes in Croatia can be time-consuming as it is done in various stages but it is worth the effort. 

 

Added: 30.12.2018.

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

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Top Croatia agents

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