In addition to the cost of the property itself, what other costs are involved in buying property in Croatia?
A. The costs depend on which way you acquire the property: as a private purchase by an individual or purchase via a Croatian limited company. Costs also depend on whether you sell the property prior to purchase completion or whether you keep the property for long-term investment. A private purchaser must pay a 5% Government tax (comparable to stamp duty). If the property is bought via a Croatian limited company this tax is avoided. VAT is normally included in the purchase price for newly-built properties. Legal fees (including the Notary fee) are approximately 1% of the purchase price. If you sell a property prior to signing the Final Property Sales Contract a one-off fee of approximately 50 euros must be paid for endorsement of the contract between the vendor and the purchaser.
