For more than 10 years, foreign citizens have been given the opportunity to buy real estate in Croatia.

Real estate market

Invest in Croatia:

Since the opening of our agency in 2005, many things have evolved very favorably.

The harmonization of European rules, coastal protection laws, urbanization plans, regulations for the profession of real estate agencies (among others), ordering of the land register, legalization of constructions without building permits, etc. without forgetting of course the entry into the EC and now into the eurozone (January 1, 2023)

Since its application for EC integration, Croatia has demonstrated that it is an excellent student.

The country is very stable politically with a current open and competent government that has improved the economic and social situation.

We can say that acquiring real estate in Croatia does not present any risks, but we must consider that it is a relatively “new” country and that everything is not yet perfect.

It is therefore essential to contact known and recognized professionals. The lawyer in particular plays an essential role since it is he (she) who draws up the purchase contract and takes legal responsibility for the transfer of ownership. Indeed, the system is different than in France, Germany, Belgium and many other countries. In Croatia, the notary simply verifies the identity of the seller and his signature on the contract, not the content of the purchase contract.

The other very important player is the real estate agency. Legally, you just have to make the visits and ask for the commission. We, like other serious colleagues, are also there to “steer” and organize the procedures, verify and secure the transaction as much as possible in partnership with the lawyer.

Capital circulates freely and there is no tax on capital gains after 3 years. On the coast (strong demand) medium-term capital gains offer good prospects.

The rental yield is good (4 to 6% net). No housing tax or property tax (for the moment). Only a small municipal tax. In certain municipalities, however, you have to pay a tax on the second home which remains modest like all taxation in Croatia.

Despite fluctuations, an even gloomy market following the financial crisis of 2008, the consequences of the health crisis (covid) there has never been a collapse in the value of investments. On the contrary, the fabulous assets of Croatia: a country where order and security reign, a magnificent coastline, natural treasures and preserved authenticity, the warm welcome of the population have made this country a very popular tourist destination, many foreigners wanted to invest in this magnificent little country.