Beautiful and safe, popular among tourists, but also designed to enjoy life to the fullest. Welcome to Croatia, the country where you want to own real estate by the sea.

Why? Continue reading! We bring you five excellent reasons why you will want to own a property by the sea in Croatia - just yesterday!

1. Owning a property by the sea in Croatia opens up many possibilities

One of the best things about owning real estate in Croatia by the sea is the possibilities it offers you. You can live in it, rent it, sell it or leave it as a legacy to future generations. Owning a property in Croatia by the sea can increase the level of pleasure in your life, but also your bank account.

First, having a home near the sea means yes you can go on vacation whenever you want. Croatia's climate is quite good, especially on the coast. There is a lot of sun and winters are usually mild. All this means that you can spend a lot of time outside, discovering the beauties of Croatia.

Also, most luxury homes are superbly equipped. You can spend all seasons very comfortably there.

Second, owning real estate by the sea in Croatia can be significant increase your income. Depending on the type, equipment and location, you can rent it for a few months or a whole year. Houses near the sea that can accommodate at least two families are a profitable investment. If you decide to invest in an apartment, look for apartments in or near major tourist centers.

Also, buying quality, luxury real estate in Croatia could be a very smart investment. This type of property defies inflation and has a more stable value than other properties.

2. Croatia has a phenomenal geographical position

Croatia may be a small country, but its geographical position is fantastic.

Located in Southeastern Europe, Croatia is only one drive away from Slovenia, Austria-Hungary, Italy and even Germany. For example, you can reach Ljubljana or Graz in less than 5 hours from the city of Zadar (Dalmatia). Munich is an eight-hour drive away from that beautiful, sunny city. If you prefer sailing, you can easily reach Ancona in Italy by night ferry.

Also, on its 56,594 square kilometers you will find mountains, highlands, rivers and one of the most beautiful seas in the world.

3. The real estate tax in Croatia is lower than in some other countries

There is often a certain discomfort when talking about taxes. However, you cannot avoid them completely. Real estate taxes are unavoidable in Croatia as well. Fortunately for you – are lower than in some other countries.

If you want to own real estate in Croatia by the sea, you have to buy it. When you buy it, you have to pay property tax on it. More specifically, 3% real estate prices.

However, if you buy your property in Croatia directly from an investor, you do not have to pay property tax. Why? Because investors already pay another tax for that property.

The good thing about owning real estate in Croatia is that you don't have to pay an annual real estate tax.

However, if you plan to convert your property in Croatia into a holiday home, you will have to pay a small annual tax.

The amount of this tax depends on the size of your property, but also on the location of the property. When this is taken into account, you will pay between 0.66 and 1.99 euros per square meter per year.

When should you put your property in Croatia for sale?

If you plan to sell your property in Croatia, be sure to wait at least two years. Provided you want to avoid paying additional tax, ie.

The property you buy in Croatia should be owned by you for at least 2 years.

If you sell it before that time and at a higher price, you will have to pay tax. You will have to pay 24% tax on the amount that represents the difference between the price you paid and the price at which you sell your property.

Let's not forget to add the surcharge to that amount.

It is much better to keep the property and rent it to tourists during these two years. You will earn additional income and avoid paying taxes.

4. Tourists love Croatia (and Croatian real estate)

Speaking of tourists, they truly love Croatia, especially its coast.

They like long, sunny days, clean, blue sea, historical and cultural heritage, friendly people. Tourists enjoy discovering the Croatian islands, the mainland, and the slow Croatian way of life.

Sometimes they like it here so much that they want to buy real estate in Croatia. Some of them are moving permanently, some are waiting for retirement, and some decide to rent their property.

German, Austrian and Slovenian tourists prefer sunny Dalmatia, while US citizens prefer Istria. Also, Croatia is becoming more and more interesting to Scandinavians. Especially for those who want to move there for better climatic conditions.

5. Real estate prices in Croatia - rising, but still affordable

On the one hand, real estate prices are falling in some European countries, but not in Croatia.

On the other hand, real estate in Croatia by the sea is still more affordable than in some other Mediterranean countries. Spain, for example.

Considering all that, what can we expect from real estate prices in Croatia?

The average price of real estate in tourist centers on the coast such as Split and Zadar ranges from 3,000 to 4,000 euros per square meter. A property that is a little further from the sea or tourist centers may cost slightly less.

Another important factor that affects the price is the level of equipment. This is one of the reasons why they are luxurious real estate more expensive, from 4000 to 7000 euros per square meter. Prices for the luxury sector can only go up a little lower than that, but also much more. Some of the highest real estate prices in Croatia can be found in the city of Opatija.

In sunny Dalmatia, you can find a rich and varied selection of real estate. It is important to choose a property that suits your needs and possibilities. As we explained in this blog, owning a property by the sea in Croatia has many advantages. We are here to help you start enjoying them, just us call!

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