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Real Estate

Real Estate Auctions – CROATIA

🌞🌞 Summer holidays are getting closer and closer 🌞🌞 Here are some of the best properties you will be able to buy at auctions on the Croatian coast. An older house in the center of Split will be available for sale by the end of July. You will be able to compete for two more houses with a swimming pool in Istria. Another holiday house near the sea will be for available sale in...

How buyers and sellers split brokerage fee and who pays the real estate transfer tax

With the amendment of the Real Estate Brokerage Act in 2019, the costs of brokerage can only be paid by the service subscriber. Usually, towards the end of the description of the real estate, advertisements on real estate portals - such as Nepremičnine.net - often state that the buyer of the real estate must undertake to pay real estate transfer tax. At first glance, these brings him additional costs,...

Dilemmas about higher taxation of empty and large real estate in Slovenia

Last week, members of the Levica party submitted to the National Parliament a bill on the Tax on Empty and Large Real Estate, which would bring progressive taxation of empty, larger and more expensive real estate. The Chamber of Real Estate (Zbornica za poslovanje z nepremičninami) is not in favor of the proposal, as in their opinion it cannot bring improvements, and the tax...

Investing in virtual real estate

A virtual world is a computer-simulated environment, which can be populated by users’ personal avatars. With their avatars, people can simultaneously and independently explore the virtual world, participate in its activities, play games, attend meetings, and communicate with others. Technologists say the metaverse is supposed to be the next level of the internet. Since Facebook announced their name...

HOW REAL ESTATE INVESTMENTS RETURN PROFITS

When you purchase a company's stock certificates, you're looking for appreciation in the stock value, and perhaps dividend income, if the company pays it. With bonds, you're looking for income yield on the interest rate paid by the bonds. With real estate investments, there are even more ways in which to realize a superior return on investment. Here’s an overview of how real estate investments...

8 MISTAKES TO AVOID WHEN SELLING YOUR PROPERTY

DOING IT ON YOUR OWN You might think you can save a lot of money by not paying commission, but in reality, you will miss out on a real estate agent’s market knowledge, contacts and help with the process. You have to remember that an agent will dedicate more time and effort into selling your home since that is his job. Not only for-sale-by-owner properties tend to sell for a lower price overall but...

Best auctions in February

In February, various flats, land, houses and apartments in Croatia and Slovenia will be available at auctions. Here are some of the best ones. APARTMENT IN ROGLA FOR 57.000 EUR The apartment is located in the immediate vicinity of the ski resort or toboggan run Zlodejevo. The building consists of three houses, each with six apartments. The apartment for sale measures 21 square meters and the...

Last chance for record-breaking cheap home loans?

Why liquidity-bursting banks would raise upright loans, and what is the effect of more expensive real estate on the loan market. Although the European Central Bank (ECB) - unlike the US Fed - has not yet announced an increase in interest rates, EURIBOR, the average interest rate at which a group of selected European banks lend money to each other, is already rising. If it continues to rise, sooner or...

WHY NOW IS THE BEST TIME TO SELL YOUR PROPERTY AND WHAT ARE YOUR TAX OBLIGATIONS AS A SELLER

If you want to sell your property, now is the perfect time. The housing market is favoring sellers. Demand for houses is high and supply is low, so many houses are going off the market as quickly as they enter. Factors such as the growing amount of funds in bank accounts and favorable bank loans suggest that the growing trend could continue. Those who do not want to bet on it and the property they...

OVERVIEW: NEW CONSTRUCTION, PRICES PER SQM, AVAILABILITY

Many flats, and in the case of smaller housing projects the majority, have been sold, and the average prices have risen from 3,500 to well over four thousand euros per square meter. The residential real estate market started to heat up three years ago, and last year, in 2021, and upcoming year 2022, we are witnessing a real euphoria in the housing market. Apartments, new and old, are going on the...

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