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Prices of real estate really differ depending on the location. The average price of a self-standing house in Croatia within walking distance from the sea is 450.000 euros (house built in the late 20th century) while in continental Croatia (capital city Zagreb) you can find houses with the average price per square meter at 2,177 euros. The average price of houses on the seashore is between 200.000 and 400.000 euros. Seafront houses cost approximately from 1 000 000 EUR and higher.
If you are a citizen or a legal entity from a member state of the European Union, you are entitled to the right to own real estate in the Republic of Croatia under the same conditions as for acquiring the right to own property for citizens of the Republic of Croatia and legal entities based in the Republic of Croatia, with the exception of real estate in exempted areas - agricultural land determined by a special law and you do not need the consent of the Minister of Justice and Administration to acquire ownership rights, with the note that citizens and legal entities from the European Union cannot acquire agricultural land until June 30, 2023.
The process of buying real estate for foreign citizens outside the EU is much more complex than the process of buying real estate for Croatian and EU citizens. The complexity primarily refers to the amount of documentation that needs to be obtained and the approval that the Ministry of Justice needs to issue.
Croatia is a profitable place to buy and invest in real estate, especially after the pandemic and from the beginning of 2022. Buying a property in Croatia is a good investment, and since the inflation begin the constructing material has significantly increased in price which produced big interest in buying old houses instead of building new ones from the beginning. Many houses in Croatia are opened for the rent therefore investing into a real estate could bring you up to 10 % of return on investment.
