You have found the property of your dreams in Croatia but it is complicated to evaluate the actual budget you will need. In particular, you do not know what sum of money to set aside to cover all the costs of acquiring a property in Croatia.
To help you plan your budget, we propose you a simulation of the costs of buying property in Croatia.
Purchase of a property whose price is displayed at 100.000 €
- Costs of a sworn translation of the contract to your langauge: around 150 €
- Notary fees for contract authentication: around 100 €
- Agency fees (3% of the sale price + VAT 25%): 3.750 €
- Registration fee at the Land Registry: 50 €
- Tax on patrimonial transmissions (3% of the sale price): 3.000 €
TOTAL: 107.050 €
This simulation is provided for information purposes only. Exact purchase costs are to be considered on a case-by-case basis.
It is important to consider that Croatia is a country of the European Union but not a member of the Eurozone. The legal currency is the Kuna (HRK). The law requires that real estate transactions are to be paid in Kuna (HRK). It is therefore important for the buyer to be aware that the currency exchange is a "cost of purchase" and that it must be budgeted as such.
Lastly, in certain cases, additional fees may be added to the acquisition costs such as lawyer fees, the fees for the deposition of the 'Declaration of payment' at the notary's office ...
MI-DOMA assists you in the evaluation of the acquisition costs and verifies their necessity.