Croatia is the most popular summer holiday destination for Hungarian holiday makers
abroad. As families are returning visitors for several years, there are a growing intent to buy
property there. Croatia has made some infamous articles in recent news with illegal
buildings, amongst these the Vir island scandal, where newly built houses were demolished
by law, was the worst. It is strongly recommended to work with long standing local agencies
with good reputation, do a thorough search and close out every risky element before
transaction is agreed.

• 3% annual yield from letting
• Most popular destinations are Dalmatia, Zadar, Bibinje, Split, Trogir, Makarska, Brac, Hvar, Korcula islands
• Dubrovnik is targeted to be the French Riviera of East luxury developments
  
• Steady growth of property values over the last 10 years, and it looks to be maintaining for
  the foreseeable future, therefore to invest in Croatia is a brilliant choice from financial
  perspective
  
• 1-2 bedroom apartments from around €80,000, 2 bedrooms houses around €250,000, but even €800,000 and above villas are available
  
• Transaction tax 3%
  
• Registration fee 1% + VAT (25%)
  
• Searches typically done by local lawyers 1% + VAT
  
• Other costs (proofs and validations) €150
  
• Required time of completion after the property is chosen 1 month