Are you in process to buy flat or apartment in Croatia. We have summarized the most important things that are good to know when buying and selling an apartment.
When buying an apartment or flat in Croatia (depending on whether the apartment is built or the construction of the apartment is underway), pay attention to the following:
1. Check who the investor is, and whether the investor is solvent. Be careful because when you register an apartment, you can get into trouble, if any proceedings have been initiated against the investor.
2. Check who sells and mediates in sales? It is advisable for the seller to provide you with an identity card, a document where the OIB is visible, which you compare with the land registry documentation. As for intermediaries, check whether the real estate agency is licensed by the Croatian Chamber of Commerce.
3. History of the property. Check if the owner has changed, how he acquired the property, history, etc.
4. Financing the construction of real estate. Check whether the construction is financed by banks or private capital.
5. Check the land books. Pay special attention to the markings (seals) if there are any pending proceedings pending on the property.
6. Bank mortgage registered on real estate. Make sure that the mortgage of the bank that finances the branch of the building is registered on the property. In this case, it is advisable to obtain a letter of intent, a stripping statement.
7. When paying money during the purchase process, check to whom and to which account you are paying the purchase price.
8. Request an insight into the inter-ownership agreement, and check the rights and obligations of the co-owners of the building.
9. Check if there are debts for utilities before handing over the apartment, and also check who pays for utilities and other connections.
10. When contracting individual items on the pre-sales contract, pay attention to the contract terminology, and read the contractual provisions with special attention, as well as the purpose, meaning and consequences of the contractual provisions.
11. Request insights into the main project and technical characteristics of the project, as well as building, use permit, title deed and title deed.
12. During the handover, it is desirable to compile a written record and hand over the real estate with witnesses.
We recommend that you carefully pay attention to the above-mentioned guidelines when buying an apartment, which can greatly facilitate the purchase process of the apartment. We also note that within the above guidelines, different scenarios and situations can always be created, and our recommendation is that you do not engage in the process of buying an apartment on your own if you do not have experience. Proelium real estate agency is a licensed agency by the Croatian Chamber of Commerce, we have the expertise and experience that the average buyer can hardly master the entire matter and practice of real estate trading. For all further questions we are at your disposal and you can contact us via the contact form at: https://www.proelium.hr/kontakt