Croatia is a beautiful country with an impressive coastline, a rich culture and history and a growing economy. As a result, it is attracting more and more foreign buyers who want to invest in real estate or take up residence here. In this article, we will show you step by step how to buy real estate in Croatia and what you should bear in mind as a foreign buyer.
- Researching and selecting the property: Before you start the buying process, you should research thoroughly and select the right property. Think about what type of property you are looking for, in which region and which features are important to you. It is advisable to use the services of an experienced real estate agent such as CARPE SOL, who can help you find the ideal property.
- Legal regulations for foreign buyers: Buying real estate in Croatia is largely uncomplicated for foreign buyers, as the country is a member of the EU and most restrictions on real estate purchases by foreigners have been lifted. Nevertheless, you should inform yourself about the legal provisions and ensure that you meet all requirements.
- Financing the property: As a foreign buyer, you should check the financing options for your property in Croatia. Local banks often offer mortgages for foreign buyers, but the conditions vary. It is advisable to examine various financing options and seek advice from an expert.
- Draft purchase contract and deposit: As soon as you have found the property you want, a draft purchase contract will be drawn up containing all the relevant information about the property, the parties to the contract and the terms of payment. A deposit of around 10% of the purchase price is usually paid to reserve the property.
- Due diligence and land register check: Before you sign the purchase contract, you should carry out due diligence to ensure that the property has no legal problems. This includes checking the land register to ensure that the seller is actually the legal owner and that there are no encumbrances or mortgages on the property. An experienced lawyer or real estate agent can help you with this process.
Please contact us for further information. We can help you with every aspect.
