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Real estate investment in Slovenia

Selling real estate to non-EU citizens is prohibited in Slovenia. A legal entity can buy real estate if it’s a Slovenian company.

Statistics confirm the liquidity of investments: residential real estate prices grow every quarter by an average of 2.2%. Five years ago, an apartment of 100 m² cost an average of €188,000, and today it is sold for €281,000.

€2,809 Average price per 1 m²
of housing in Slovenia
2,2% Average price per 1 m²
increase per quarter
2,35—29% Buyers’ related expenses,
of the transaction amount

How the residential property price index is growing in Slovenia

Cost of a 3-bedroom apartment in Slovenia

€1.2 million

Penthouse or attic apartment
in the centre of Ljubljana

€800,000

Apartment
in the centre of Ljubljana

€200,000

Apartment
closer to the outskirts of Ljubljana

What do investors buy?

The most expensive real estate in Slovenia is in the capital, Ljubljana.

Apartments

  • penthouses and attic apartments
  • apartments

Houses

  • mansions
  • villas

Slovenia residence permit or citizenship by real estate investment

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

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Taxes and associated costs

Purchase
Ownership
Sale

Property buyers pay a value-added tax for new builds or a transfer tax for resale properties and additional fees.

Associated costs will range from 2.35% to 29% of the purchase agreement value. When buying a new apartment worth €500,000, the investor will spend €605,000, including additional costs.

2.35—29% Of the contract value are related costs for the purchase of housing in Slovenia
Purchase expenses
New buildings

VAT

20%

Of the transaction amount

Secondary housing

Transfer tax

2%

Of the transaction amount

Registration fee
0.01—0.5%

Of the transaction amount

Notary fee

Depends on the transaction amount

0.01—0.4%

Of the transaction amount

Agency fee

Share paid by the buyer

1—2%

Of the transaction amount

Taxes

Owners pay an annual tax at a progressive rate of 0.1% to 1% of the cadastral property value.

Rental income is subject to an income tax of 27.5%.

€2,400 Approximate annual costs for
maintenance of an apartment

Communal payments

Electricity, gas, water, heating, and garbage collection
€150—300 

per month

Internet, TV and telephone
€25—45 

per month

If the seller has owned the property for less than twenty years, they pay a capital gains tax of 10% to 27.5% on the difference between the sale and purchase prices. The tax rate depends on the ownership period: the longer the property was owned, the lower the rate.

The agency fee ranges between 1% and 2%.

0—27.5% Capital gains tax on the sale of
real estate in Slovenia
Expenses on the sale
Capital gains tax

Paid on the difference between the sale and purchase prices

0—27.5%
Agency fee

Paid by the seller

1—2%

Of the transaction amount

Frequently asked questions

Can foreigners buy property in Slovenia?

European Union non-citizens can not buy property in Slovenia. However, real estate can be bought by a legal entity registered in Slovenia.

How much does a house in Slovenia cost?

The average cost of 1 m² of real estate in Slovenia is €2,809 per 1 m². The most expensive real estate in Slovenia is in the capital, Ljubljana.

Can Americans purchase property in Slovenia?

No, since European Union non-citizens citizens can not buy property in Slovenia. However, real estate can be bought by a legal entity registered in Slovenia.

How much is property tax in Slovenia?

Buyers of real estate in Slovenia pay:

  • for new buildings — a 20% value-added tax;
  • for secondary real estate — a 2% transfer tax.

Property owners in Slovenia pay an annual tax at a progressive rate from 0,1% to 1% of the cadastral value. Owners who rent out real estate in Slovenia pay a 27,5% income tax.

Real estate sellers in Slovenia who have owned the property for less than twenty years, pay capital gains tax from 10% to 27,5% on the difference between the sale and purchase price. The tax rate depends on the ownership period: the longer the owner held the property, the lower the rate.

Zlata Erlach, Expert of the Caribbean Investment program
Zlata Erlach
Prepared a guide on investing in real estate in Slovenia