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What are the
steps in buying property in Croatia? |
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Two choices exist for purchasing houses
in Croatia. As an individual, foreign buyers can own real estate
provided that the ‘condition of reciprocity’ is
satisfied. Proof is attained from the Croatian Ministry of
Foreign Affairs which can takes several months. Alternatively,
a foreign individual can register a company in Croatia in order
to purchase a houses – accordingly, permission is not
required. However, purchasing a house via a company does impose
tax implications.
Three key stages exist in the buying process:
- Reservation Contract – in order to reserve the house.
- Preliminary Contract – for a foreigner to apply for
permission to buy a house via a deposit (circa 10%)
- Final Contract – upon signing, the final payment
is made and the purchase registered with the local Land Registry.
A ‘Power of Attorney’ can be grated if the buyer
is not in attendance at this stage.
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What
fees do I pay when buying a Croatian property? |
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Fees relating to a purchase include:
- Transfer Tax
- Stamp Duty
- Registry fees
- Notary fees
Typically, fess and charges total 7-8% of the house price. |
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What regions
should I consider for a property investment? |
Place your mouse
over the map to identify regions. |
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Dubrovnik
This region enjoys the rugged beauty of the Dalmatian coast,
dotted with a string of delightful offshore islands. The
city of Dubrovnik has been described
as a “cocktail of sun, scenery and culture.” Sophisticated
jazz clubs can be spotted among the souvenir shops and cheap pizzeria
type restaurants. With warm, dry summers, many beach lovers simply head
for
the city beaches.
View Property in Dubrovnik
Split
Split, the second largest city in the Republic, possesses the contrast of a
modern harbour and crumbling old town built within the precincts of Diocletian's
Palace, one of the most outstanding classical remains in Europe.
View
Property in Split
Dalamtia Islands
Dalmatia consists of over 1,000 islands situated in
the Adriatic off the western coast of Croatia. Most of the Islands remain
untouched and can only be reached by domestic flights of ferry/superfoil
from Split. The main islands for investment are Brac, Hvar and Vis with healthy
tourism.
View
Property in the Dalmatia Islands
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Istria
As the westernmost County of the Republic, Istria is the largest peninsula
on the Adriatic. It borders Slovenia and has a maritime border with Italy.
This peninsula is one the most popular destinations for tourisms and provides
a multitude of stunning sandy beaches. Resorts include Porec which is frequently
nominated as the top resort by the National Tourist Office.
View Property in Istria
Kvarner & Highlands
This region is the perfect destination for those who like fashionable seaside
resorts such as the Opatija Riviera with its 150 years old tourist tradition.
Kvarner also enjoys a myriad of scattered and isolated beach islands including
Krk, Cres, Losinj, Pag, and Rab.
Middle Dalmatia
Tourism in this region with its wonderful riviera is well developed. There
is FKK on the island of Smokvica, camping Kosirina with FKK beaches and theVala
Bay on the island of Murter. Middle Dalmatia is also famous for its astonishing
waterfalls and is the location of the Republic'slargest national park.
Zagreb
Zagreb has served as the cultural and political focus of the nation since the
Middle Ages. Zagreb grew rapidly in the 19th century, and the vast majority
of its buildings are preserved from the times of the Austro-Hungarian Empire.
Zagreb is the a busy, confident capital offering excellent museums and a
vibrant nightlife. |
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