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

Croatia residence permit or citizenship by real estate investment

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

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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.