Every sale in the Republic of Croatia must be paid in EURO, which is the official currency in Croatia. If a foreign currency payment is made, the bank will convert it to EURO.

In Croatia, various individuals and entities can buy real estate, subject to certain regulations. Here are some key points regarding who can purchase property:

1. Croatian Citizens: Croatian nationals can freely buy and own property without any restrictions.

2. EU Citizens: Citizens of European Union member states can buy real estate in Croatia without special permits, thanks to agreements that support the free movement of people and capital within the EU.

3. Non-EU Citizens: Non-EU citizens can also purchase property in Croatia, but they may need to go through additional legal steps. Generally, they may be required to obtain permission from the Ministry of Justice, which is more likely to be granted if there is a reciprocal agreement with the buyer’s country.

4. Legal Entities: Foreign companies and other legal entities can buy property in Croatia, though specific regulations may apply depending on the company’s country of origin and its activities in Croatia.

5. Restriction on Certain Properties: There may be restrictions on purchasing certain types of properties, such as agricultural land or real estate in protected areas, so it’s essential to check the applicable laws and regulations.

6. Long-Term Lease: For those who may not be eligible to purchase property directly, entering into a long-term lease agreement is often a viable alternative.

It’s advisable for potential buyers to consult with a legal expert or real estate professional familiar with Croatian law to ensure compliance with all regulations and to navigate the purchasing process smoothly.

When buying real estate in Croatia, the real estate sales tax, known as “porez na promet nekretnina,” must be paid within 30 days of the transfer of ownership. It’s important to ensure that this tax is settled promptly to avoid any penalties or additional interest charges. Additionally, it’s advisable to consult with a local real estate expert or legal advisor to ensure compliance with all applicable regulations and deadlines.

Yes, it is possible to conclude and certify a contract of real estate sale abroad when buying estate in Croatia. However, there are several important considerations to keep in mind:

1. Validity: The contract must comply with Croatian law, so it’s essential that it includes all the necessary elements required by Croatian regulations for real estate transactions.

2. Notarization: While you can sign the contract abroad, you may still need to have it notarized or certified by a relevant authority to ensure its validity in Croatia. This typically involves a Croatian notary if you want to have the contract executed in a legally binding manner.

3. Translation: If the contract is written in a language other than Croatian, you’ll likely need an official translation to ensure that it meets all legal requirements in Croatia.

4. Legal Advice: It’s highly advisable to engage a local lawyer or a real estate expert in Croatia to guide you through the process. They can assist you in ensuring that the contract is compliant with Croatian law and help you navigate any bureaucratic procedures.

5. Land Registry: After concluding the contract, it will need to be registered with the Croatian land registry to transfer ownership officially.

By following these steps and seeking professional assistance, you can successfully conclude a real estate sale contract abroad for a property in Croatia.

A down payment is an insurance that the buyer pays to the seller as a sign that the contract has been concluded and a certainty that the obligation will be fulfilled. In practice, the down payment is given on the Pre-contract and is usually 10-15% of the agreed purchase price. In case of fulfillment of the contract, the down payment is calculated in the total amount of the agreed purchase price.

In the Republic of Croatia, real estate tax can refer to several different taxes applicable to property owners. Here are some key components of real estate taxation in Croatia:

1. Property Tax (Porez na nekretnine): This is an annual tax levied on property owners. The rate may vary based on the municipality and the type of property. The tax can range from 0.1% to 1% of the estimated value of the property. Each municipality has the authority to set its rates, so it’s essential to check local regulations.

2. Transfer Tax (Porez na prijenos nekretnina): When you buy a property, you are subject to a transfer tax, typically set at 3% of the purchase price or the market value of the property, whichever is higher. According to the law, the buyer pays tax on the received solution only once.

3. Income Tax on Rental Income: If you rent out your property, the income generated is subject to personal income tax. The rate may vary depending on whether the property is rented out long-term or short-term.

4. Valuation Fees: There may also be costs associated with property valuation, which is often required for establishing tax amounts.

For the most accurate and up-to-date information regarding real estate taxes in specific areas or situations, it is advisable to consult a local tax advisor or real estate professional familiar with Croatian law.

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