Real estate investment in Croatia

To purchase a property in Croatia, one must get approval from the Minister of Justice. Foreigners can rent out real estate only through a legal entity if it’s a Croatian company.

Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 2%. Five years ago, an apartment of 100 m² cost an average of €183,000, and today it is sold for €244,000.

€2,436

Average price per 1 m²

2%

Average price growth per quarter

4—30%

Associated costs, of the property value

How the residential property price index is growing in Croatia

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Cost of a 3-bedroom apartment in Croatia

€2,7 million

Penthouse in Opatija, a 5‑minute walk from the sea

€1,5 million

Apartment in Opatija, a 5‑minute walk from the sea

€200,000

Apartment in Zagreb

Schedule a meeting

Individual selection of investment properties

  • Discuss your tasks and goals

  • Choose between properties from reliable developers

  • Get fully prepared and verified documents for a purchase

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Croatia residence permit or citizenship by real estate investment

Obtaining a Croatia residence permit or citizenship is not connected with purchasing real estate.

Discover real estate market trends in 41 European countries

Practical Guide

Discover real estate market trends in 41 European countries

Taxes and associated costs

Check if real estate in these countries suits your goals

The selections include only verified real estate projects from reliable developers. Purchasing these properties may bring you a residence permit or even citizenship.

Country
Property investments
Status
Obtaining time
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Malta11 properties

€300,000+

Permanent residency

6+ months

Show 11 properties

€300,000+Permanent residency6+ months
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Grenada18 properties

$270,000+

Citizenship

8+ months

Show 18 properties

$270,000+Citizenship8+ months
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UAE103 properties

AED 750,000+

Residence permit

2+ months

Show 103 properties

AED 750,000+Residence permit2+ months
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Spain36 properties

€500,000+

Residence permit

5+ months

Show 36 properties

€500,000+Residence permit5+ months
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Portugal68 properties

Not limited

Residency after D Visas

6+ months

Show 68 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

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Real estate investment in Hungary

Hungary doesn’t limit sales of properties and land to foreigners, except for agricultural land and architectural monuments.

€2,062

Average price per 1 m² of housing in Hungary

3,4%

Average price per 1 m² increase per quarter

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Real estate investment in France

Foreigners can freely buy, rent out, and sell real estate in France.

€5,394

Average price per 1 m²

1,1%

Average price growth per quarter

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Real estate investment in Denmark

Denmark limits real estate sales to foreigners: one must have a residence permit and live in the country for at least five years to buy...

€4,008

Average price per 1 m²

1,5%

Average price growth per quarter

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Real estate investment in Belgium

Selling real estate to foreigners in Belgium is not limited: you can buy and sell housing and commercial real estate or rent it out.

€3,047

Average price per 1 m²

1,1%

Average price growth per quarter

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Real estate investment in Albania

The sale of real estate to foreigners in Albania is not restricted: you can buy, lease and sell housing or commercial real estate.

€1,171

Average price per 1 m²

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Real estate investment in Switzerland

The sale of real estate to foreigners without a residence permit is restricted in Switzerland: permission to purchase is required....

€10,624

Average price per 1 m²

1,1%

Average price growth per quarter

Albert Ioffe

Material prepared by Albert Ioffe, Legal and Compliance Officer

Updated:
26 April, 2024

Frequently asked questions

  • Can foreigners buy property in Croatia?

    Yes, but first they need to get permission from the Minister of Justice. Foreigners can also rent out real estate, but only through a legal entity — a Croatian company.

  • Is real estate cheap in Croatia?

    It’s average: real estate prices in Croatia are growing in the same way as the European Union average. Estimated price is €2,436 per 1 m². Housing prices depend on the area, type and location. For example, a two-room apartment with a terrace overlooking the mountains will cost an average of 300,000 euros, and a standard three-room city apartment will cost 200,000 euros.

  • Is Croatia a good place to invest in real estate?

    Yes. Residential real estate prices in Croatia are growing every quarter by an average of 2%. Five years ago, an apartment of 100 m² costed around 183,000 euros, and today it can be sold for 244,000 euros.

  • Do you pay property taxes in Croatia?

    Yes. Buyers of real estate in Croatia pay a 25% value-added tax for new buildings or a 3% transfer tax for secondary real estate.

    Property owners in Croatia pay an annual property tax of 1,5% of the estimated value of the property, which is approximately 70% of the average market price. Landlords pay a 12% income tax.