Real estate in Croatia - Adriaticinfo.com

Real estate property in Croatia

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    Croatian real estate for foreigners:

    There is a great interest for Croatia real estate during the last couple of years.
    This is primary the short guide for foreign citizens meant to introduce those interested to buy a real estate in Croatia to the procedure and newest developments in this area.
    Our plan is to also get some offerings of Croatian property for sale from regions we present to you by this site. Until it's ready - we present you some, hopefully useful real estate info and links.
     

    Why to buy in property Croatia?

    Croatia is definitely one of the most beautiful parts of Adriatic, yet still close to most of European countries. It's still possible to find nice property in Croatia on peaceful location for reasonable price.
    And price of real estate in Croatia is continuously rising for last 10 years, but it's still considered to be undervalued. Croatia real estate is predicted to reach it's real price after admission of Croatia to European Union which is expected to 2009.
     

    Where to look?

    Search for your home in Croatia would be decided by your preferences. You can choose among different seaside resorts - finding more peaceful and less crowded one to offer even lower real estate prices.
    Therefore, you will find the southern part of Croatian Adriatic more affordable (except from few more commercialized tourist resorts as Dubrovnik, Makarska, Bol, Hvar).
    North Adriatic is better developed and closer by land to most of Europe. Therefore there is more interest and higher prices for real estate in that part of Croatia.
    You can always choose to look for your property in Croatia - inland. You may find that required budget is dramatically reducing with each km further from sea. But still within 20 minutes driving distance. You can find really romantic old houses surrounded by gardens or vineyards in picturesque villages for bargain prices.

     

    Who can own real estate in Croatia?

    Croatia real estate regulations are covered by Croatian Law of property and other real estate rights ("Zakon o vlasnistvu i drugim stvarnim pravima").
    Foreign citizens are required to need to obtain a consent from the Minister of Foreign Affairs of the Republic of Croatia. Further info can be found at web site of Ministry of Foreign Affairs. You may leave this part of work to Croatian solicitor or your real estate agency.
    Generaly, you can buy real estate property in Croatia if you are citizen of the countries giving reciprocal rights to citizens of Croatia:
    all EU countries (with exception of Italy), USA, the Russian Federation and Hungary. The citizens of Italy, Switzerland and Bosnia & Herzegovina can only purchase real estate property in Croatia if they intend to live in Croatia permanently.
    Foreign citizens can't buy property in Croatia if it's classified as agricultural land or forest land, and if it's classified as historical monument they can buy it only if authorities decline to exercise their pre-emptive right.
     

    How to buy property in Croatia?

    Considering you're foreign citizen, and you don't speak Croatian - probably the best idea would be to contact one or more real estate agency firms in Croatia. They should have some experience dealing with purchasing of real estate in Croatia by foreign citizens and knowledge of English.
    However, the best advice would be one you probably already heard. Although it may be just your holiday home - it's probably not among your minor investments. Therefore - don't rush - visit intended region, carefuly look all the choices, and if possible, look for more offers.
     
    Real estate services:
    Peljesac Croatia
    Peljesac - where the nature - is still the nature. It's recognized by buyers, but you could still find your dream holiday home.
    Peljesac - Croatia real estate
     
     
    Recommendation:
    Bol - Brac, Croatia
    Bol - Croatia - the unique beach resort. Check out No. 1 windsurfing spot in Croatia and one of best known travel resorts in Dalmatia
    Bol-Croatia
     
     

    Adriatic holiday - by Croatia holidays - travel and real estate (c) 2004