The payment of property taxes when purchasing the estate and utility costs for estate in Croatia

  

Buying real estate in Croatia, first tax the payment of which you will encounter is the tax on real estate acquisition. It accounts 5% of property value. Also, you will need to pay for the services of notary, and it’s 1% of the cost. Totally extra payments would amount to 6%, so if you buy house for 150 000EURO, you will need to pay 9 000EURO at registration.

If in the near future, you want to sell your home for any reason. You will be offered to pay into the treasury so-called capital gains tax (essentially the tax on profits from the resale) which accounts 25% of the profit. However, this tax applies only to Croatian citizens and persons who have issued the residence permit in that country. The capital gains tax is missing for foreigners  in Croatia.
  

Such taxes as inheritance tax and estate tax on gifts of real estate are - 5%. But for those who wants to buy property in Croatia or intends to obtain the residence permit in this country, they are not relevant.

This is all real estate taxes, which exist in Croatia. Tax on real estate as compared to other countries, Croatia hasn’t yet entered. This is because of in most cities in Croatia there aren’t plans for urban development. In Croatia, tax system is rather bland, aimed at developing of real estate market. 

                                          

Talking about utility costs of real estate in Croatia, it is quite inexpensive for the owner, compared to other countries offering the resort property.

All utilities payments are based on actual meter readings.
If your house or apartment is located in the apartment complex charge for keeping may be generally from 1 to 2 EURO per square meter of living space per year.

 

 To help you calculate total utility costs of your future real estate in Croatia, here are the prices of some utilities:

 

- Electricity:
   from 7:00 to 19:00 (0,076 EURO / kWh)
   from 19:00 to 7:00 (0,04 EURO / kWh)

 

- Water supply:
   from 14 to 34 EURO per month. Sum depends on the water consumption of the equipment installed in the house.

 

- The phone:
   10 EURO per month.

 

- Garbage collection:
utility cost of home is about 10 EURO per month, regardless of the number of people living in it.

 

- Heating:
due to the warm climate in Croatia, water heating system isn’t usually installed in homes. Central heating is due to climatic systems and air conditioners.

That's the whole article for the utility costs of real estate in Croatia. On average, it amounts to no more than 100 euro per month or 1200 euro per year. If you add this sum to the budget for the purchase of real estate, to buy average property in Croatia and contain it within year you will need 171 000euro.