Who Will Profit Most from New GUP?
Investors, project designers and construction companies appear to have all gotten what they wanted from the new Urban Development Master Plan (GUP) – the opportunity to build throughout Zagreb in a much less constricted way. The paper lists the...
Helsinki Satisfied with Crotram
The Sunsail / Thirsty Thursday Sailing Weekend
We are planning another sailing weekend for the May Bank holiday. If you are interested, please email us to register. CLICK HERE
For advice on buying property, living, working or moving to Croatia, please contact us. Click on the image below to launch a live CHAT session, alternatively email us directly with your questions.
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The office is open Monday to Friday from 9am to 5pm Central European Time. If you are trying to contact us out of these houses, please email - info
Adriatic Property Services has a range of removal services available to assist people in getting their belongings into Croatia. Click here for details
THE COSTS
There are a number of additional costs that a Buyer will need to allow for when buying property in Croatia. These are
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Buying a property built pre December 31 1997 5% RETT* (Real Estate Transfer Tax) on the value of the contract.
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Buying a property built after December 31 st 1997 from a VAT registered developer or self-employed builder. 22% VAT calculated on the costs to build the property. (Usually absorbed by the vendor into the price) plus 5% RETT* (Real Estate Transfer Tax) calculated on the land value portion of the sale.
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Buying a property built after December 31 st 1997 as a private sale. 5% RETT* (Real Estate Transfer Tax) on the value of the contract. (Assuming no refurbishment (extensions etc) have been carried out on the building which would attract VAT)
* Real Estate Transfer Tax (RETT) is assessed on the market value of the real estate, as determined by the local tax authorities
All purchases attract the following charges:
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Adriatic Property Services fee of 3% of the purchase price
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Legal fees of 1.5% of the purchase price + 150 EUR submission fees. (Minimum charge of 1,000 EUR)
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Accountants Fees - variable dependant on requirements
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Company Set Up - approx €1200.00
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Any additional Services - variable dependant on services required
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All costs are excluding PDV (VAT) at the current rate of 22%
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