IMPORTANT INFORMATIONS 

What our buyers and citiziens-to- be like and should know about acquiring of properties in Croatia.

Laws,costs and obligations:

The buyers who are coming from a land which has a reciprocal contract  for real-state business with the Rebublik of Croatia can buy real-estate properties.

1. After the decision about the object of buying the pre-contract is made. It contains the terms of purchase.

  • price

  • paying conditions

  • costs and taxes

  • the time and conditions of handing over the property

The pre-contract  is based on paying a deposit which amounts to 10-15% of the price.This deposit has an imortant role:if the buyer dooesn’t pay the rest of the price in the agreed time ,he looses the deposit.On the other hand,if the seller sells the property to some one other during the agreed time,he must restitute to the buyer the double summ od the deposit.

A binding Contrat is formed by a solicitor and attested by a notary.Next step is a survayance by the Ministry of Law and the Ministry for foreign Affairs is giving an ultimate Act of Permission.***

In meantime an official note in Land-registar of the transaction is made.After getting the Act od permision of the Ministry for Foreig Affairs the property is dully registered in the Land-register at the Court.

*** If the buyer owned a business company in Croatia,he can buy the property also without the Act of Permission.

Here is the list of the on-going costs and fees which are due when buying a property in Croatia:

  • 5% buying tax (based on the value estimated by Ministry of Finance,which is very close to the market value)

  • 2% solicitor’s and noraty’s fees

  • 3.5% agent’s fees

The on-going costs are:

  • Non-Resident’s tax is 1,60 US$ for sqm of the housing space annually

  • Ground-tax is 0,26 US$ per one netto square meter annually.

  • Reserves are 0.52% of the market value of the property annually

  • Garbage costs are cca 53 US$ annually

  • Electric costs - one kWh is on 1.02.2000 US$ 0.058

  • Water costs - one cubic meter of water is on 1.02.2000  US$ 1.18

  • Insurance for the house and houshold ammounts generally to US$ 530 annually.

Our Architectural office is providing you with wide range  of services:

  •  the genaral planning of building projects,

  •  supervision,

  • calculation,

  • complete building management

  • consulting,

  • pre-purchase inspections

  • planning and zoning restrictions

  • estimates

  •  information about the  status of the land