Saturday, April 29, 2023 - 18:48
The moratorium on EU physical persons and companies buying agro lands in Croatia was not prolonged from July 1st, 2023. It means that EU private and corporate buyers got an opportunity to buy agricultural properties in Croatia. For many years it was neessary to form a local Croatian company for that purpose and maintain it. Now local company formation will no longer be needed. This news is exciting for commercial real estate buyers as it opens up a whole new world of investment opportunities within the country. With an abundance of fertile soil suitable for farming or ranching activities, there are plenty of possibilities when it comes to investing in agricultural land in Croatia – from vineyards to olive groves and beyond! Lifting this ban also allows foreign investors access into one of Europe’s most rapidly growing economies which could potentially lead them towards lucrative financial gains over time if their investments prove successful. In fact many experts believe that removing this restriction could have long term benefits not only for those who wish to invest but also for local farmers who may benefit from increased competition within their industry leading towards better prices paid out per crop yield etc....
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Tuesday, April 18, 2023 - 20:20
Yes, foreigners can buy property in Croatia especially if they reside inside of the EU/EEA. Starting from 2009, the citizens of all EU/EEA Member States are eligible to buy a property in Croatia of any type under the same conditions as Croatian citizens. In this case, there is no concept of the «first» and «second» home with related expenses. There is no annual property tax in Croatia. There are also building lands in free unrestricted sale. As for the acquisition of agricultural land by foreigners, there is a moratorium on their acquisition until the summer of 2023. However there is a 90% chance that this moratorium will be lifted on July 1, 2023. Not only individuals, but also legal entities can purchase real estate in Croatia. If the buyer finds it appropriate, it is possible to establish a Croatian company and purchase real estate on it. Pay attention to the permissible building factor! In 2004, a decree on the protection of the coastal zone came into force: it states that within 70 m from the coastline construction outside settlements is prohibited, and in the range up to 1000 m more stringent requirements are imposed on construction activities.
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Thursday, December 22, 2022 - 19:05
Year 2022 was unique and more than successful for real estate market in Croatia. Demand for Croatian properties was deferred for 2 years due to COVID-19 and all those buyers who were waiting for the abolition of restrictions flooded Croatia starting in February 2022. It was triple demand in comparison with all the previous years in all the categories of real estate. Rural villas in mid-Istria suddenly became the best-sold product, along with newly built apartments in the Zadar area. Krk Island was another magnet for the buyers of modern flats and traditional houses. By the end of the summer, the market of already built properties offered for sale was already almost empty. The Sellers could expect properties to be sold within 1-2 months and the speed of desision making was amazing. It was a Seller-market, the Sellers were aware of that and started to rise the prices for 5-10% weekly. Looking at the scenery after the battle for properties we can say that during last year prices rose 80-100%, i.e. they doubled for 80% of properties. Cheap apartments below 100,000 eur are presently non-existent products. The average price for a 2-bedroom apartment is starting now from 200,000 - 250,000...
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Thursday, September 2, 2021 - 15:48
The Croatian real estate market has never had such a hurricane demand as in 2021. Real estate buyers have flooded the country since April this year. There are 3-4 times more people who decided to become the happy owners of Croatian real estate than in 2019. One of the reasons was isolation and lack of travel in 2020, which led to a surge in consumer energy a year later. Another reason was rising inflation and negative bank rates, pushing EU buyers to seek the undervalued real estate market - and the Croatian market was the closest and easiest choice. The most popular format in 2021 was an Istrian detached villa with a pool up to 350,000 eur, which could even be 10 km from the sea. In second place are villas on the first line up to 1-1.5 million euros (mainly in Dalmatia). The third place was shared by land plots by the sea (almost all existing proposals were sold out) and 2-3-room apartments within walking distance from the sea up to 200,000 - 250,000 eur. A new trend has been identified - people are now trying to be more isolated. Previously, no one looked at remote islands with abandoned...
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Wednesday, March 3, 2021 - 17:50
Special hypothec offer for financing purchase of apartments/villas is offered to the buyers of new 5**** star properties in Umag area new luxury resort. This is a super-luxury destination in Kempinski and Skiper resorts neighbourhood just a few km from Slovenian border, overlooking Piran Bay and Slovenian coast. Beach is 200 meters from the resort, a concession for exclusive use is being obtained. Beachline with wooden sundecks will be arranged. Estimated date of construction completion is June 2022. Exceptional infrastructure of the resort will include: concierge service 24/7 wellness and spa centre rooftop infinity pool gym studio rooftop fine-dining restaurant with amazing panoramic views garden pool garden restaurants and cafes (Italian cuisine restaurant, Steakhouse, etc.) pools, playgrounds and other amenities for children 18-hole golf-course More information about complex apartments available here . More information about flats for sale available here . More information on villas for sale in Umag area available here . Mortgage/finance in issues upon the following conditions stated below. For individual private persons/buyers Hypothec can be issued to the residents of EU who have incomes in EU currency. Term of credit: max 30 years Payment: by monthly installments (credit and interests) Own capital: min 30% of property...
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Sunday, February 28, 2021 - 16:02
We are glad to inform Croatian realty buyers and other clients who want to rellocate to Split about new school opening in Split - Split International School - see web.page https://splitinternational.org The classes will follow a globally recognized and well-respected curricular framework of the International Baccalaureate (IB) Program which will be taught using Harkness teaching methodology – a discussion-based and student-driven teaching method that improves learning outcomes. All courses will be taught in English. The graduates will receive international diploma recognized by all the EU universities. This format is highly demanded both at local Croatian schooling market and within multinational environment of people who move to Croatia with families to enjoy eco-surrounding, mild climate and perfect cuisine. It allows you and your children remain competive and enjoy staying by the sea at the same time. EU standards of education are coming to Croatia as we can't move Adriatic sea to London, Paris or Berlin. Split International School is meant to become bridge between what you need and what you want. We hope that in case of success the school would extend it's activity to Rijeka and Pula.
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