1. How can I visit or get more info about some properties? |
| Additional information supplemented with a large number of high resolution
photos and plans are placed at client's disposal in our agency
which is located in an air conditioned office, easy accessible,
with parking for clients. A friendly and professional approach
is given to our clients, allowing them to calmly decide which properties
are to be visited.
Visit of a real estate is not charged when clients take the
agent with their vehicle. Only for real estates which are more
than 15 km away from our office and when agent must use own vehicle
we charge 15 € per object.
For setting an appointment you are kindly requested to contact
us few days prior to your arrival in order to offer you a top
quality service.
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2. Is the declared price final? |
On the declared price you should add in total 8-11 % for:
purchase tax |
5 % |
See answer 7 for more details |
agency commission |
3 % |
(min. 1.000,00 €) |
sales contract |
1 – 2 % |
the fee is based on the Croatia
bar association price list and is paid only when the buyer
wants to engage a lawyer |
consent of the Ministry of foreign
affairs |
1 % |
only for foreign citizens |
Portun will on the client’s request without other payment
perform following services and cover the costs which arise during
the purchasing process:
- to draw an extract from the land registry on the date of the
purchase
- to make a sales contract by the company employee
- to pay the notarization of the sales contract
- to deliver the tax registration form
- to record a real estate transaction in the land registry
- to offer advices at any stage and after the purchase
- to connect the buyer with our partners: architects, builders,
financial consultants, accountants and surveyors.
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3. Which documentation is to be presented by the customer when
purchasing real estates in Croatia! |
Proof of Croatian citizenship, either in form of citizenship certificate,
passport or personal identification card. A copy of any of the above
is accepted in case the original can be shown simultaneously.
When a foreign citizen decides to purchase real estate in Croatia,
first the sales contract has to be signed with the selling party..
Together with respective documentation, this contract is sent to
the Ministry of foreign affairs in Zagreb. When the Ministry issues
to the customer its statement on consent, the foreign citizen is
entitled to register the real estate onto his name at the Municipal
court -Cadastre department and pays the real estate purchase tax.
Foreign citizens that establish, or already have an established company
in Croatia, can purchase real estates on behalf of this company.
These statements on consent are issued to citizens of those countries
Croatia signed a contract on reciprocity with and in extraordinary
cases, to citizens of other countries as well. |
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4.
What is the next step when i want to buy a property? |
| The first step in sealing the sale is the making of the preliminary
contract. This is a private contract between the buyer and the seller
in which all the details of the final contract are laid out, all
the terms and conditions, methods of payment, what taxes and extras
are to be paid, dates for the making of the final contract and any
other details are discussed. Once this is signed he will then make
a title search and see that there are no loans, liens or other impediments
such as rights of way on the property, that the property is the exact
one that is for sale and that all permits and permission for the
building are in order. In this contract the full price being paid
for the property is stated. |
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5. How
much deposit should be paid when one decides to buy a real estate? |
Usually the down-payment is 10% of the sales price or different if
agreed so between the contractual parties.
Payment of the Real Estate Agency fee is also made at this point.
For our agency this is 3% on the full price of the property. |
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6.
How to make the final contract? |
| The final contract has to be made in front of the public notary.
At the signing of this final contract the balance of the purchase
price is paid to the seller. |
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7. Are foreign citizens entitled
to sell real estates in Croatia? |
| Foreign natural or legal persons can without any problems sell real
estates in Croatia. |
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8. What is the real estate
purchase tax in croatia? |
| The Republic of Croatia has a unified tax rate of 5% for all types
of real estate and respective transactions. The tax is defined based
on the price of the real estate in the sales contract and the value
estimate by the authorized tax authority in charge for the area in
which the real estate is located. According to the Law, tax on purchase
of real estate is paid by the customer or the seller on behalf of
the customer, if the parties agree upon this. |
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9. Does the seller have to
pay taxes when selling his real estate? |
| No. Only in case the real estate is sold prior to the expiration
of three years after it has been purchased and if sold at higher
price than originally purchased. In such a case the seller has to
pay a 35% income tax on the difference in value of the real estate
(purchase and sales price) increased for local taxes, different in
every municipality. |
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10.What is the tax in
case of exchange of real estate? |
| The same, 5%, but here each of the real estate owners pays 5% of
the value of his real estate as tax. |
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11 .When must the real estate purchase tax
be paid? |
| After conclusion of the sales contract the customer is obliged to
register the purchase at the authorized tax authority within 30 days
from the day of conclusion of the final contract. Public notaries
do also submit one copy of the sales contract to the tax authorities.
The customer is obliged to pay respective real estate purchase tax
within 15 days from the day of reception of the decision received
from the tax authorities on the exact tax amount. If this tax is
not paid within this term, interest on arrears are charged for every
day of delayed payment. |
