FREQUENTLY ASKED QUESTIONS

Who buys property in Croatia?
In recent years Croatia has become very popular and attractive as a holiday destination. As a result many people from abroad have bought property along the Croatian Adriatic coast. The interest in Croatia has grown since the influx of low cost flights from West European Airports to Croatian international Airports.

Some examples of these airline companies are: Ryan Air, Easy Jet, German Wings, Sterling, etc...

Here are the reasons why our customers are interested in buying a property in Croatia:
- About 3 hours flight time from Oslo
- About 2 hours flight time from London
- About 3 hours flight time from Dublin
- Stabile growth of property prices 15-20% a year
- there are no high-rise-buildings along the coast, the maximum permitted is 4 floors and the construction has to fit in the local appearance and nature.
- the Croatian town-planning schemes intend to continually protect the Croatian coast line from high-rise-buildings and mass tourism, which would destroy the natural beauty of Croatia.
- The sea in Croatia is crystal clear and the coast is unspoilt. As well as a rich history and culture which goes back for thousands of years, Croatia boasts a beautiful and interesting inland with exceptional national parks.
- Many of our customers consider Croatia at the same level with France an Italy (climate, cultural inheritance, landscape and cuisine while the Croatian prices are up to 40% lower than that of France or Italy).


Where in Croatia should I buy property?
In our experience with our Norwegian customers, there are two territories which are considered to be most attractive in Croatia. Apart from their good travel connections, these areas also have exquisite scenery, many historically interesting towns and prices of property with expectations of growth.

Territory 1 - The coast line north of Split
This territory includes towns of Trogir, Rogoznica, Primosten, Vodice, Murter, Zadar and many more treasures following. All this places are less than 1 hour of driving distance form the international airport of Split. Further more, it includes 5 national parks, 6 golf terrains are planned for the near future and the biggest part of Croatians´ islands is as well located in this area. The Croatian mountains, for example the massif of Velebit, are ready to be captivated with excellent hiking trip tours. In this area there are as well two international Airports (Split and Zadar) and the newly built high way (2005) enables quick access to the rest of Croatia and it’s capital Zagreb as well as Dubrovnik. A high growth of  property prices is expected for this part of Croatia in the future.

For many customers the main attraction of this area is that it is not oriented towards mass tourism as Makarska Riviera is, south of Split.

Although the islands of Brac and Hvar have become very popular tourist attractions as well, they have frequent ferry services from Split town and a new ferry service is planed departing to those destinations directly from the airport of Split.

Territory 2 - ISTRIA - the Croatian Tuscany
It is close to Italy, not only geographically but culturally, too. This part of Croatia has used to be under Venetian rule for many centuries and you can see this influence all around the region. The Istrian sea side is beautiful as is the mainland. Istria has a lot of attractions, such as vine yards, cyclist track roads, olive groves and local cuisine, especially the famous Istrian truffle mushroom specialities. If you are a fan of Tuscany or Province, then Istria could be the right place for you. Air connections exist to international airports of Pula, Rijeka and Venice.


Why should I buy / sell a property through Adriatic Estate Ltd.?
Adriatic Estate Ltd. is a Croatian company with offices in Zagreb, Trogir and Oslo. Our company has an agent in Oslo. Our company is duly incorporated and exiting under law of Republic of Croatia with all necessary licences for real estate activities required by Croatian laws.

We guarantee to have best knowledge and insight into the Croatian property market. That is as well proven by our Norwegian clients, who have already purchased property through our agency in Croatia.

Buying property can be complicated at times. You can trust our Attorneys at Law Ramadan & Soos Maceljski with headquarters in Zagreb who have their branch office in our premises in Trogir who shall assist you in every way and make the process an easy one.

Attorneys at Law Ramadan & Šooš Maceljski are members of Croatian Bar Association and have all necessary licences for providing legal services required by Croatian Laws and cooperate with Adriatic Estate for many years. Ramadan & Šooš Maceljski make due diligence of real estates, write agreements on sale and purchase of the real estate, obtaining the approval on acquisition of the real estate by foreign citizens, if necessary, incorporate the companies, if necessary, register the ownership at the land registry and other legal services, if necessary. In short, they process the whole acquisition of the real estate controlling that the acquisition of the real estate is pursuant to Croatian laws protecting the interest of our clients in total.

Since 2003 we assisted in lots of property transactions for Norwegian citizens in Croatia. You can contact them for information regarding our experience, our customer service and our knowledge.

Our agency always participates with highest responsibility on behalf and in the advantage of our clients and protects their interests during the purchase process.

Once the purchase process is completed and our clients own the new property with all legal documentations, new tasks will come up regarding the management of the new property. The Nordic Center, our property management office takes care of all necessary services during the absence of the new property owner, such as maintenance, renting, book keeping, online banking, cleaning service, furnishing the interior and much more.

Our staff at the Nordic Center will take care for all your issues regarding the management of your new property in Croatia.


What other additional costs I have to count on?
The costs of documents are max 1% of the purchase price for the new built buildings. The costs of Adriatic estate lawyer and public notary amount at about 6% of the purchase price (VAT included).

Generally that amounts at 7% of the purchase price for new built buildings and 11% for already used buildings.


What are the costs of maintaining the property in Croatia?
Just like anywhere else, it depends on how much water and electricity is spent, but according to experiences of our clients it is about 1% of the purchase price per year. That includes costs of water, electricity, public utilities, insurance and tourist tax.


Is buying a real estate in Croatia a risk?
If the buyer follows the laws in Croatia and decides to buy a real estate through a registered agency and an experienced lawyer there should not be any problems. Many foreign citizens have come to us with their problems with taxi drivers, bar tenders, host, etc. Those are problems one can come across in Croatia just like in other places as well.

You have to make sure your agent and lawyer in Croatia speak English. We will often have to communicate via e-mail so the knowledge of those languages is important.


How to get to Croatia?
There are many companies that fly to Croatia including some very popular low-budget companies like Easy Jet, Ryan Air, German Wings etc.


How did the price of real estate in Croatia rise over the past few years?
The prices have risen for about 15-20% because of poor supply. Analysts prognose that the prices will keep rising until Croatia joins the EU and that then they will stabilise, just like it happened in Italy and France.


How can you organize showing of real estate?
People, who want to, can arrange a meeting with our agent in Oslo to express their wishes and requests. We can also help you with organizing a trip to Croatia. We cooperate with car rental companies, hotels, travel agencies etc. in Trogir and Poreč. When you arrive to Trogir or Poreč our agents will be at your disposal at any time. They will show you all the real estates you are interested in. We always try to organize the showing of real estate for each client separately.

What other additional costs I have to count on?
The costs of documents are max 1% of the purchase price for the new built buildings ( when seller is a LT).

For new buildings selle by privatpersons or used building 5 % of purchase price.

The costs of Adriatic estate lawyer and public notary amount at about 6% of the purchase price.