How to Buy Real Estate in Croatia

EU citizens have equal opportunities as well as Croatian nationals in terms of buying property in Croatia.

With the adoption of the Real Estate Law (February, 2009.) Croatia has fulfilled the request of the Stabilisation and Association Agreement which gives EU citizens the same rights to buy property in Croatia.

PURCHASING PROCESS

1. The Brokerage Contract

:: According to Croatian law the A&A Real Estate Agency is obliged to provide and renew insurance against liability for damage that could affect the performance of real estate brokerage.

:: The agency is oblige to inspect the documents evidencing ownership or other proprietary rights in the subject property and alert the customer to the obvious disadvantages and potential risks in the execution of real estate purchase.

2. Real Estate Inspection

3. Contract Paperwork and Ownership Registration

:: The A&A Real Estate Agency shall prepare Real Estate Sales Contract, concerning the property's information (owner proprietary documents) with detailed costs,  inclusions and exclusions, as well as deadlines, at which point a deposit (10%) is paid by the buyer and cancellation penalties are set (usually equal to the deposit) if either party pulls-out

:: The A&A Real Estate Agency shall procure for the customer OIB (Personal identification number) from Tax Administration Office

:: Real Estate Sales Contract notarization by Notary Public, which will ensure that all documentation are in order so that the transaction can proceed

:: After the payment and fulfillment of contractual obligations, we come to the deed and you are guaranteed to be protected by an impartial professional,the Notary, which among other things, require the transfer of ownership and the act of transcribing the registers because real estate is also valid for some other person

:: Check our price list of services and services is included in the Agency commission

If you plan to buy property in Croatia here are few information which might be useful:

How can non-croatian citizents purchase properties real estate in Croatia?

• Which documentation buyer has to present when he purchases real estate property in croatia?
  A copy of passport is sufficient, with simultaneous presenting of the original document.

• Can foreigners sell real estate properties in croatia?
  All persons and firms can sell real estate properties in croatia, without limitations.
• hat is the usual prepayment after signing the preliminary agreement or the contract?
  10% of the selling price usually, or according to the agreement between the vendor and the buyer.
  
  Summary
  
  If you are a non-croatian speaking foreigner, the easiest route might be to go through an agency, as they are more than likely to have staff that speak foreign languages, who know local lawyers, who have probably had foreign clients in the past and who will look after your application.