Frequently Asked Questions
Find answers to some of the most common questions about buying, selling, and investing in real estate in Croatia. We’ve compiled useful information to help you better understand the Croatian property market and the real estate transaction process.
If you cannot find the answer you are looking for, feel free to contact us or visit our office. Our experienced team will be happy to provide professional advice and personalized assistance.
Dalmatia is a great opportunity to invest in real estate. Dalmatia can boast of a pleasant climate throughout the year, clean sea, and great demand from tourists for this region in case of investment.
The city of Split is a good place to buy real estate due to its excellent position in the center of Dalmatia and excellent connections with all the beautiful islands (Brac, Hvar, Solta, Vis, Korcula, etc.). Beautiful climate with lots of sunny days and delicious Mediterranean cuisine make Split a paradise for gastronomy and a simple way of life.
Old stone houses are located along the Adriatic coast, the Istrian peninsula and the Dalmatian hinterland. If the houses are located in the center of tourist places then the price is higher compared to those in rural places.
The prices of stone houses can vary drastically, which depends on a number of factors, but the overall price will also be affected by the condition of the building, location (first row to the sea means a higher price), area, surrounding land and the like.
Apartments are one of the most popular investment classes in Croatia, so buying an apartment is an increasingly popular option among people who want to invest their money in something useful and profitable. The property can be rented long term or for tourism, and renting for tourism offers the fastest return on investment.
Buying office space is more appropriate for larger companies, while for small and beginner companies, renting office space is a better option.
Dubrovnik is the most popular tourist destination in Croatia for years, which makes it attractive for investing in real estate. The more attractive the location of the property, the higher the price, in addition to the location, the price of the property also depends on the type, condition and size.
Hvar is considered one of the 10 most beautiful islands in the world, which makes it an ideal choice for investment. There are many options, from buying land to build hotels, villas, apartments or a small private investment in a house first row to the sea, which is the most attractive option, or an apartment on the long Hvar coast in any of its small towns.
Croatian real estate is expensive in the coastal and island area compared to continental cities and remote urban areas. Prices of luxury villas in Croatia are usually lower on less popular islands or destinations as popular places bring higher demand for properties which naturally raises prices of real estate in those locations so in less popular destinations you can enjoy same beautiful sea and nature but for more affordable price.
The best Croatian luxury villas for large gatherings or families are villas with a larger living area of at least 4 bedrooms on 2 or more floors, with accompanying facilities in the garden such as swimming pool, sun deck, barbecue, children’s and sports facilities. Also as an option, there are also smaller buildings with luxury apartments in Croatia where each family can have its own apartment but share a yard and common areas like a swimming poll or barbecue.
Two important things when buying luxury villas on the islands are location and connection to the mainland as some more remote islands have only one or two daily ferry lines to the mainland.
All payments of real estate must be in national currency, which is EURO. However, any payment in foreign currencies will be converted into EURO.
In english it is ‘PIN’ that stands for ‘personal identity number’ and it is needed for any contract. It is unique for each person, Croatian or foreigner, and is used as unique identifier in various official records.
Real estate market in Croatia is very vivid last years, and still rising, so it is definitely good period to invest and get a satisfying ROI.
Split is more of an apartment place, thus easier to rent apartment for a long term . However, it is possible to find a villa for a long term rent. As lease is always unpredictable, and situation changes quickly, it is always the best solution to contact an agency to see what is currently on the market and available.
First row to the sea is always a win-win situation. Regarding the location: along the whole Croatian coast from Dubrovnik to Istria, and from Middle Dalmatian islands the most desired ones are Brač, Hvar, Šolta, Vis, Korčula and peninsula Pelješac.
Croatia has a mild climate, so it is very nice to make a visit anytime. However, the best period to buy is between October and December, and then April to June. As a tourists country, during the summer many properties are rented thus more difficult to arrange visits of real estate.
Property tax in Croatia is 3 % of tax office property estimate. It is paid by the Buyer and only once.
There is a difference between EU citizens and non EU citizens. EU citizens, natural and legal persons, can purchase real estate in Croatia under the same conditions as Croatian citizens. Non Eu citizens, natural and legal persons, can buy real estate according to reciprocity principle and they need to seek the approval from Ministry of justice of Republic of Croatia.