These are the answers to your frequently asked questions, feel free to contact us or come to our office for any other questions or concerns.
1. Can foreigners buy property in Croatia?
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.
2. What taxes I have to pay when buying real estate in Croatia?
Property tax in Croatia is 3 % of tax office property estimate. It is payed by the Buyer and only once.
3. What is the best time of year to go to Croatia?
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 than April to June. As a tourists country, during the summer many properties are rented thus more difficult to arrange visits of real estate.
4. What is the best place in Croatia to buy a villa?
First row to the sea is always a win-win situation. Regarding the location: along the coast from Dubrovnik to Zadar, and from Middle Dalmatian islands the most likeable are Brač, Hvar, Šolta, Vis, Korčula and peninsula Pelješac.
5. How do I find a house for rent in Split Croatia?
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.
6. Is now a good time to invest in the Croatian real estate market?
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.
7. What is OIB and why do I need it?
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.
8. Can I pay in foreign currency when buying real estate in Croatia?