Why Should You Consider Croatia?

A flotilla of dazzling white yachts glides into a sheltered cove. The put-put-put of their motors is no competition for the evening choir of cicadas. The whiteness of the yachts seems startling, a vivid contrast to the sea’s hypnotic palette of blues and turquoises…the deep orange roof tiles of a thousand-year-old town… the green pine woods beyond.
We could not be more passionate about Croatia, our latest discovery. Although many people know very little about it, this small maritime country at the heart of Europe offers you the chance to discover the closest thing to the Mediterranean of years gone by.

Unspoiled, relaxed, beautiful, and safe, Croatia is one of Europe’s loveliest treasures. Everything a discriminating visitor–or homebuyer–is looking for can be found right here: crystal-clear seas, timeless fishing villages and unspoiled beaches, Roman ruins, a pristine lake district, and medieval walled cities.

Every twist and turn of the coastline serves up grandstand views of secret coves, little harbors, and calm turquoise waters. Out in the Adriatic Sea, a galaxy of islands–1,185 of them–shimmer like a cache of emeralds.

The French legend Jacques Cousteau, esteemed biologist and oceanographer, once described Croatia’s waters as the cleanest and clearest in the world. When you come here, you simply must take a boat and go out into the Adriatic–you’ll be astounded at how far down into the depths you can see.

Adriatic property prices are what you could find on the Mediterranean a generation or so ago… Although prices have been increasing in recent years, it’s still not too late to buy. Prices are way below the European average.

When compared with many other European vacation destinations, real estate agents are right in claiming that the Dalmatian coastline still has significant growth potential. It’s hardly surprising, then, that this little gem of a country is experiencing something of an investor feeding frenzy. Now could be an ideal time to snap up a Croatian property, as it seems most unlikely that prices will fall. Especially since Croatia accessed to the European Union in 2013.

 Why Should You Consider Croatia? One of our French buyers, who purchased seafront house on the cliff near Makarska, with mountains behind it, explained why he did it. Because:

1. 1. price of the house was affordable 
   2. this area reminded him of the Cote D’Azure, but he was not able to buy house on the sea there, because it would cost over 1 million EUR.

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• project managers to organize all procedures, supervise all parties, coordinate between investor and all involved parties, refer to investor about all situations, phases and progress of the project, prepare tender to collect offers from construction companies, apply for building permit, appoint supervision engineer, collect and process all related documentation, and other necessary permits from the Croatian authorities, etc.
• lawyers to prepare contracts with all parties and companies involved in project, represent investor before any government and other entities;
• architects who prepare preliminary project according to your idea, then prepare projects of architecture, water, electricity, static, bill of quantities;
• geometers to prepare land marking project;
• supervision engineer for the construction period supervision, securing the final approval of the construction;
• construction companies with good reputation and reference works proving their professionalism and high quality standards
• Croatian real estate brokers, to find a suitable property for you,
• tourist rental business specialists to advise you in case your investment will be in tourism business, about what it takes for your property to become profitable tourist rental business.

Some of the projects that our team managed or still managing:

– Korcula Hill luxury apartments, on Korcula island, for investor from South African Republic – managing this project since 2013. providing architects, lawyers, construction companies, subcontractors, furniture, total from the beginning to the end: in this moment finalized 10 buildings with pools, tennis court, basketball court, beach restaurant.. Apartments were sold and now managed for their new owners in rental business. New apartment buildings are in development now, managed by our team.

– English investors, constructing luxury villas in Dalmatia, on the coastline and islands of Brac and Korcula. Villas are rented to tourists. We advised investors regarding rental potential, price, etc. Articles in news  about our  expert in renting of luxury villas  sharing experience in Croatian luxury villas rentals and tourist market.

Project management team took part in project of construction of these villas, completed before 2015.:

• seafront luxury villa on Korcula island,
• seafront luxury villa on Brac island,

Now in development is group of villas by same English investor, in traditional architecture in Hill near Dubrovnik, project management cooperation of my team.

The management team is managing also this project in development: Secret Bay Solta island – 82 hotel suites, 21 apartments, 5 luxury villas, restaurant, spa, marina for boats, all worth about 40 mil eur, here is masterplan of this beautiful luxury beach resort, investor is foreign company from Mauritius:

We are managing new project of Maslina Resort Hvar island waterfront – 5 villas with pool and 12 residences with pool.

Following the flow of nature, the Villas are designed with local and natural materials such as sustainably-sourced CLT wood, terracotta tones, and stone finishes. When you’re ready to unwind, enjoy the infinity pool, sauna, or modern fitness area. The Villas are scattered in nature at different heights, coated with green roofs to blend into the island scenery.

The 12 new luxury Residences cascade into the Hvar Island landscape and have been carefully designed using natural materials that flow through the exteriors and interiors. The Residences range in size and offer spacious bedrooms to ensure the comfort of each guest. The kitchen, island, and extensive living room provide generous space for entertaining. Each Residence feels like its own world, with an outdoor garden, terrace, and swimming pool.

Project management team managed projects of construction of villas for individual investors all over Dalmatia.

With great experience and excellent references, we are ready to do any kind or size of project management.

For detailed list of services, please contact us.

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Project Management Services, home building and renovation 

If you plan to buy land for building a house according to your ideas, we have the solution! We offer service of Project Management!

Our team of experienced and successful architects, civil engineers, geometers, supervisors, contractors, construction companies, lawyers will help your idea becomes a reality.

Read more details about Project Management Croatia team in another article.

Our Project Management team is experienced, with 10+ years in managing various projects, from single villa construction to complex projects such as developing and managing of large projects such as apartment buildings, resorts, hotels, restaurants, entertaining centers and similar projects including complete process, until the end, turn key solution. 

From the first meeting with the architect where you present your own idea of what kind of house you need until the last day.  Completing the construction of house and furnishing according to your selection, garden landscaping as well. Project manager collects all the necessary documents, obtains building permits, prepares BOQ, tenders, advise you in selection of construction companies, materials, monitors and refers according to the agreed terms. This includes taking care of all the details.  Project management services include organizing and supervising all works and processes. For detailed list of services please contact us.   

Our company is also experienced tourist agency specialized in rentals of houses and villas. We shall make estimation of rental potential of every location or your project of villa, so that you know range of income that you can expect on the tourist market for renting your house or villa. Income level depends on many factors which we shall analyse and provide results. Our estimations are based on our experience in villas rentals business of 20 years.

Renovation works could be also very complex and long timeline. Project management services include on sight managing and organizing all reconstruction and renovation works. This includes our team of architects, engineers, construction companies specialized in traditional and contemporary modern design of home.

We have a long list of reference works, projects finished or still in development under our Project Management Team.

For list of reference works and all details of our Project Management services feel free to contact us by email: sales@LuxuryCroatia.net or whatsapp/viber number +385989813931.

One of our partner architects designed this gorgeous holiday villa for rent in Omis area, even designed its interiors!

For example, this luxury villa was constructed under our Project Management Team: Waterfront Luxury Villa Korcula island Croatia

Here is example of the house renovation which took place in 2015.

Here is house after renovation:

House before renovation:

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Article by the INTERNATIONAL LIVING Magazine

Live in Croatia: Countless Benefits Many expats choose to live in Croatia because of its beautiful coastline.

If you have decided to live in Croatia, then it is important when buying a property to always be sure of your rights and title by going through a real estate agent. Because of foreigners’ increasing interest in Croatian property, most agents here are now effectively offering a one-stop-shop service with established notary, attorney, and builder contacts. Of course, it is important to establish an agent’s reputation before you commit yourself.

Education

Education in Croatia is free, and is compulsory between the ages of 7 and 15. Many children start their education at the age of 3, at pre-school, which lasts until they’re 6. Elementary school lasts for eight years, followed by four years of secondary school. At this level, schools are divided into high school, technical, specialized, and mixed curriculum schools. After completing high school, the brightest students go on to one of the country’s four universities in Zagreb, Rijeka, Split, or Osijek. Universities also offer free education, with particular emphasis on the sciences, medicine, and engineering. International schools are few, though there is the American International School of Zagreb, an independent, co-educational day school offering an educational program from kindergarten through grade 12. The curriculum is that of U.S. public schools, with instruction in English.

Learning the Language

Many enjoy the quiet lifestyle associated with living in Croatia

Live in Croatia: Countless Benefits If you have chosen to live in Croatia, then you will most likely want to learn to speak a little of the local language. In order to help you with that, we’ll be happy to provide you with a list of the best croatian language learning schools. To get you started here’s a List of Five Useful Words: nekretnina: real estate; prodaja: sale; dozvola: permission; najam: rent; hvala: thank you.

Residency Permits for Living in Croatia

Live in Croatia: Countless Benefits If you do decide you’d like to live in Croatia, you’ll need to apply for a temporary residency permit. You’ll need several official documents and a stated reason for wanting to live in Croatia. This can be related to an investment, a business, family, employment, study, or real estate rental or purchase. Having a yacht moored in a Croatian marina also qualifies as a reason for being granted a residency permit.

To obtain a temporary residence permit, you need to apply in person at the local Ministry of the Interior (Ministartsvo Unutarnjih Poslova) office. A temporary residence permit is valid for one year and can be renewed. You will not be able to get permanent residency status in Croatia until you’ve held a temporary residence permit for five years. Again, foreign nationals have to apply for permanent residence with the MUP. Apart from five years of temporary residence, the only other ways you can gain permanent residency are through marriage to a Croatian citizen for at least three years, humanitarian reasons, or at the discretion of the Croatian government.

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Today, much further progress has been made toward implementing structural reforms, though the pace of reform has been slow. Nearly two-thirds of the Croatian economy has now been privatized, and around 90% of bank assets are privately owned, mostly by strategic foreign investors.

Invest in Different Sectors of the Croatian Economy

Around 60% of the country’s GDP is generated by the services sector: Tourism is absolutely vital for Croatia, as it’s this aspect of the service sector that creates the most income and employment. Tourism is Croatia’s largest source of foreign revenue, but it currently accounts for only a small segment of foreign direct investment. The main interest in investing in Croatia comes from Europeans. Italian banks have been major participants in banking privatization, and the Germans and Austrians have a stake in the banking sector, too. Other sectors attracting interest include manufacturing, cement, pharmaceuticals, power, and telecoms. Again, prominent investors come from Germany and Austria, as well as the Netherlands, Italy, and other European countries, including Slovenia and Hungary. It’s as well to bear all the caveats in mind, but many opportunities exist for foreign companies in a range of sectors. These include major infrastructure projects in railways, roads, power, water, oil, gas, telecommunications, tourism, shipbuilding, health care, medical equipment, consumer goods, and construction materials.

Setting up Business in Croatia

Croatia is an open market for foreign investors and those who come here to do business. Foreign investors are not subject to any special laws or regulations. You can carry out business under the same conditions as local business structures. In addition, foreign investors have some guarantees that aren’t available to domestic investors. The Croatian constitution provides for the free repatriation of profits or capital upon termination of an investment.

Investing in Tourism

With an unspoiled natural environment, a celebrated cultural and historical heritage, and so much emphasis on Croatia as a tourism destination, it’s worth investigating some of the investment possibilities offered in this sector.The Croatian Chamber of Economy suggests the future lies in “selective tourism.” The country certainly has great possibilities for anyone looking to carve out a niche market. Increasing numbers of holidaymakers are seeking vacations that involve more than simply lolling on a beach. Take the water: Croatia is perfect for nautical tourism, dive tourism, cruising on small boats, and fishing tourism. Inland, you could offer equestrian tourism, biking tourism, adventure tourism, ecotourism, or hunting tourism. (Regardless of your own views on the subject, many Italians regard Croatia as a great hunting location.) If you’re interested in a health tourism venture, where better than a country with so many natural spas? And a cookery school would fit in anywhere.

Predicting tourism trends is never easy, though, and deciding on a suitable investment will involve careful study. Where in Croatia do the tourists go? Why are some areas more popular than others? Are there developing trends? Some of these questions can be answered easily. The Croatian Bureau of Statistics publishes tourism figures on a regular basis. Data are available monthly, quarterly, and yearly. This information will certainly be helpful in showing you the most popular areas, and to a certain extent what type of accommodation tourists are staying in.

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