Travel expenses to Croatia, whether by air or car, will be an inherent part of your expenses when purchasing property in Croatia. We'll discuss the most economical ways to travel to Croatia in one of our future articles, but what other costs might arise from the property purchase itself?
Real estate agency commission in CroatiaIf you've made use of a real estate agency, be prepared for an invoice amounting to between 2% and 4% of the property purchase price. Commissions are typically quoted excluding VAT, which currently stands at 25% in Croatia. By simple math, the commission for the real estate agent will be around 2.5 - 5% of the sale price.
Legal service fees in CroatiaIf you are unfamiliar with local legislation, it's recommended to utilize the legal services of a local Croatian law firm specializing in real estate transactions. Costs for these services can vary considerably. Generally, these services are charged a fixed fee, but this isn't always the case. Some firms, on the other hand, charge a percentage of the property purchase price. It's advisable to negotiate a fixed price in advance when entering into an agreement.
Notary fees when buying propertyYou'll primarily utilize notary services for drafting and authenticating documents, such as the Tabularna izjava, purchase agreement, or possibly a future contract. For signature authentication, which is an absolute necessity, you'll pay up to 20 Euros at the notary's.
Statutory fee for property cadaster registration To have the property duly registered in the land registry, you need to have your ownership rights registered at the cadastre office. The fee for the land registry entry stands at 35 Euros.