All about Croatian real estate
Property Tax 2025 Croatia: Another Increase?
The government is preparing a significant change in the tax system focused on real estate, as recently confirmed by Finance Minister Marko Primorac. This new tax regime will be introduced by transforming the current tax on vacation homes, which will expand into a broader property tax. The goal of this change is to reduce the tax burden on labor and increase it on real estate, aiming to bring more equity to the tax system. One of the main aspects of the new tax is that it will not apply to properties used for residential purposes or those that are rented out long-term. According to the Finance Minister, the tax will not be payable by those who rent out their property for at least ten months a year. This is an effort by the government to encourage long-term rentals and ensure that people who use their properties for their own housing or rent them out long-term are not burdened w...
The Croatian Government Plans Tax Reforms and New Rules for Rentals The Deputy Prime Minister and Minister of Finance, Marko Primorac, today outlined the contours of a new tax reform package, which includes the introduction of a property tax by transforming the existing tax on recreational properties and unifying the tax regime for long-term and short-term rentals. In a statement following the government session, Primorac said that the government had previously set a goal to increase the fairness of the tax system and gradually shift the tax burden fr... See more
Ban on Air Conditioners on Facades in Croatia: New Law Effective from 1.1.2025 From January 1, 2025, a new law on the management and maintenance of buildings will come into effect in Croatia, bringing a number of significant changes and restrictions that will directly impact property owners, building managers, and construction companies. This law has been the subject of intense public debate, especially due to its impact on short-term apartment rentals and the installation of technical equipment on building facades. One of the most significant provisions of the ... See more
Vodnjan: The Most Popular Location for Real Estate Purchases in August 2024 If you're looking for the perfect place to invest in real estate in Croatia, you've just found it. The town of Vodnjan, located in the beautiful Istria region, became the most sought-after location for real estate purchases by foreign buyers in August 2024. What drives this popularity, and why should you consider investing here? Geography and Basic Information about Vodnjan Vodnjan, a small town rich in history and culture, is located in the southwestern part of the Istrian Penin... See more
Rental Yield in Croatia: What You Need to Know About Real Estate Investment Croatia is becoming an increasingly popular destination not only for tourists but also for investors seeking profitable opportunities in the real estate market. The rental yield in Croatia is influenced by several factors, including tax burden, maintenance costs, and average prices for long-term and short-term rentals. In this article, we will look at all the important aspects that need to be considered when investing in real estate in Croatia. Tax Burden on Property Rentals in Croati... See more
Which Foreigners Most Frequently Buy Real Estate by the Sea in Croatia Croatia has become one of the most popular destinations for purchasing vacation properties among Europeans. The reasons include not only the beautiful Adriatic coast but also a stable legal environment, favorable property prices, and proximity to many European countries. Currently, more than 300,000 vacation properties owned by foreign citizens are registered in Croatia. The largest share is held by Slovenians, who own approximately 120,000 properties. Slovenians purchase around 10,00... See more
Record July in Croatian Real Estate Sales July 2024 was a record-breaking month for our platform and one of the most successful months since the launch of our real estate portal in Croatia. It’s no surprise that the tourist season is typically the strongest time of the year, as potential buyers often combine selecting and purchasing property with a vacation by the Mediterranean Sea. However, this year's numbers exceeded our expectations and tested the robustness of our system. In June, we managed on average: To handle 48,... See more
Return on Investment for a Rental Property in Croatia What is the return on investment when purchasing a rental apartment in Croatia for seasonal leasing? Real estate investment is one of the most popular forms of long-term capital appreciation. This article analyzes the economic return on an investment based on a model example of an apartment with a purchase price of 120,000 EUR, intended for short-term seasonal rental. We will focus on the expected revenues and costs associated with its operation. The example considers renting the prop... See more
Apartments and Flats in Croatia Under 100,000 EUR? Analysis and Market Trends of Real Estate Prices in Croatia After the Transition from Kuna to Euro: The Impact of Inflation on Croatian Properties and Comparison with European Metropolises The real estate market in Croatia, particularly along the Adriatic coast, has undergone dramatic changes in recent years. The transition from the Croatian kuna to the euro, which took place at the beginning of 2023, along with high inflation, has significantly impacted real estate prices. This artic... See more
How to Obtain a Building Permit for a House in Croatia Obtaining a building permit for a house in Croatia is a process that requires careful adherence to legal regulations and procedures. This article provides a detailed description of the individual steps, legal framework, and specific requirements that must be met when applying for a building permit for a family house in Croatia. All information in this article is sourced from relevant Croatian laws and regulations. Legal Framework for Obtaining a Building Permit The process of obtai... See more
