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We have all encountered the lesson about Black Friday and the Wall Street crash of 1929 during our education, which led to unimaginable economic consequences and widespread poverty.

The word luxury comes from the Latin word luxuria, which denotes opulence and extravagance. In this context, we can also talk about luxury properties, which stand out due to their high-quality construction, unique design, prestigious location, and sophisticated amenities.

Buying real estate in Croatia involves several types of taxes and fees that are important to consider. The first and most important is the real estate transfer tax, which amounts to 3% of the determined value of the property. In addition, buyers often bear the costs of notary services and land registry registration fees. There may also be a need to pay capital gains tax if the property is sold within a certain period after purchase. Throughout this process, a real estate agency provides professional support and security.

The new tax reform, coming into effect in Croatia in 2025, brings significant changes to the taxation system, particularly concerning real estate in Croatia. In the context of a growing real estate market, increased interest in luxury properties, and efforts toward a greener future, the reform is designed to promote sustainable development, reduce tax inequality, and increase budget revenues.

Nestled along the stunning Dalmatian coast lies one of the most beautiful cities in Croatia – Split. With its combination of rich history, crystal-clear sea, and Mediterranean lifestyle, Split is an excellent place to live, vacation, or invest in real estate. The city offers diverse options, ranging from traditional stone houses in the old town to modern villas and luxury apartments with sea views. Whether you’re looking for a family home or an investment opportunity, Split has something for everyone.