Everything You Wanted To Know About Buying Property in Croatia

The Mediterranean country of Croatia is becoming increasingly popular as a destination for expats looking to buy property. With its beautiful coastline and stunning scenery, all the new construction apartments for sale in Funtana, majestic properties in Trogir, Lovran, and many other towns, it’s not hard to see why this beautiful country is gaining popularity among investors.

For those considering taking the plunge and buying in Croatia, there are a few important things to be aware of — from the legal side of things to practicalities such as finding a good estate agent or lawyer. Fortunately, there is help at hand to guide you through the process. So, if you seek properties for sale in Croatia by the beach or, on the contrary, somewhere in large cities or in the capital — hopefully, this article will be useful for you.

Seller and Buyer Responsibilities in Croatia

Buying property in Croatia may be a tricky process. The legal system may certainly be quite different from that one you may have known, but luckily, there are plenty of lawyers and agents who can guide you through the whole process. The seller must inform the buyer about any defects in the property that are visible at first sight or can be detected without special equipment.

Also, the seller must provide all the documents that the buyer requires, such as the certificate of ownership, a title deed, and a building permit. If the property is encumbered in any way — with debts or mortgages, for example — the seller must inform the buyer about this.

From the buyer’s perspective, the buyer must pay a deposit of 10% of the purchase price to secure the transaction. This can be paid in cash, by bank transfer, or by cheque. The deposit is held in an escrow account until the transaction has been completed, at which point it is refunded to the buyer. If the transaction does not go ahead for any reason, the deposit is forfeited to the seller.

The buyer must arrange for a survey to be carried out on the property, pay for it, and take copies of all documents relating to the survey. This is needed to prove that the property has been checked properly.

Also, the buyer must make arrangements for a solicitor to check the title of the property. This is done in order to prove that there are no outstanding debts or legal problems with the title and that it is legally owned by the seller. The buyer must pay stamp duty on the purchase price of the property. The amount varies according to the purchase price.

Croatian Property Market: a Brief Overview

Now, let’s speak more about the Croatian property market. Indeed, Croatia is a stunningly beautiful country with an abundance of coastline and islands, located in the Southeastern part of Europe. It is making headlines as a top tourist destination, but it’s also a gem for those looking to invest in property — Croatia offers much more than stunning scenery and culture.

With the recent surge in foreign investment, the property market in Croatia has become increasingly competitive. It is also much more affordable than in other European countries. Actually, this could make Croatia a great place for investors to consider. Croatia’s property market is still developing, but with a growing amount of foreign investment coming in, it is expected to improve. Investors should keep an eye on the market, as it could be quite lucrative for those looking to make a profit.

With its stunning beaches, warm climate, and historical sites, it’s no wonder that so many people are choosing to buy property in Croatia. But what places do you need to consider first?

Where To Buy Property in Croatia?

So, as we have said, there are many reasons why people choose to buy property in Croatia. For some, it is the affordable price; for others, it is the tax advantage. Or you can be attracted by the warmer climate and the stunning beaches. Whatever your reason for wanting to buy property in Croatia, you need to choose the region carefully.

The best place to buy property in Croatia depends on your personal circumstances. For example, if you are looking to buy property in Croatia for a holiday home, then the Dalmatian coast may become your best option. And if you are looking for a place to live permanently, then some people may say that, for instance, Istria is the best place to buy property in this fascinating country.

For those loving views

So, many consider the Dalmatian coast to be the best place to buy property in Croatia for holiday homes. The coastline here is beautiful, with sandy beaches, warm waters, and small fishing villages.

The great place to buy property for holiday homes is, for example, the island of Hvar. It has a stunning coastline and is only an hour away from Split. There are some beautiful villages on the island, and it boasts breathtaking scenery. If you are looking for other options, Istria is also one of the best places to buy property. There are many beautiful villages and small towns on the Istrian peninsula.

Funtana is a small fishing town located on the Adriatic Sea coastline, on the western coast of Istria, which makes it a prime location for those interested in beautiful surroundings with plenty of activities nearby. It’s known for its quaint old-town atmosphere, crystal clear waters, delicious seafood restaurants, and an array of outdoor activities ranging from surfing to hiking. It has excellent beaches, including one of the finest in Europe — Zlatni Rat. In Funtana, you’ll find a wide variety of restaurants and bars, from traditional to modern. There are apartments that offer spectacular views over the Adriatic Sea and the surrounding hillsides. Some are close to a beautiful beach and the old town of Funtana itself.The town is also famous for its festivals and events. It has a rich cultural heritage dating back to the 16th century when it was known for its glassworks industry.

The area of Motovun is famous for its magnificent scenery, which has attracted many famous film companies from all over the world. It’s a place of numerous festivals, including the ones dedicated to wine and truffles.

The region of Istria has been awarded the status of a European Destination of Excellence, and Motovun itself has the status of a European Town of Gastronomy. The town of Motovun was first mentioned in 1075, at the time, under the name Montona or Montona urbs. All this history has left a trace, which inspires and invites many tourists.

… and busy cities

Zagreb, the capital of Croatia, is also an up-and-coming city for those wanting to invest in property. With its rich cultural heritage, stunning architecture, and growing economy, Zagreb is quickly becoming a popular destination for those looking to purchase real estate. Whether you’re looking for an investment opportunity or a place to call home, Zagreb has something to offer everyone.

The city of Zagreb is the largest city in Croatia. It was founded in the 10th century on the banks of the Sava River. In 1991, it became Croatia’s capital following its independence from Yugoslavia. Zagreb is the economic, political, and cultural center of the country. With its rich history, beautiful architecture, and hospitable people, Zagreb blooms.

When buying property in Zagreb, one of the main considerations should be location. There are a number of areas that are popular for investment, but two of the most popular include Jelkovec and Medvednica. These locations offer plenty of advantages to home buyers.

Jelkovec is a popular suburb in Zagreb, located close to the city center. It offers some of the most desirable homes in Zagreb while also being close to public transport links and a number of shops and restaurants. It is possible to rent a property in the area or even buy a home outright. Jelkovec also offers plenty of green space and easy access to the city center, as well as being close to schools, parks, and shopping venues. So, if you are considering moving to Zagreb, Jelkovec is a great choice of location.

Medvednica is another popular area to invest in property. This suburb has excellent transport links, with the metro and rail stations located close by. It is also close to the city center as well as several parks and leisure facilities, which are perfect for families.

We hope that this quick overview will be helpful!