04.10
2018

Instagram lovers, the best places to visit in Croatia are a goldmine! 

Social media is being bombarded with Croatian landscapes during the summer of 2018. Sunny weather, clear turquoise sea, picturesque lanes and buildings make the perfect combination for that snap you are looking for.

Receiving the amount of 18.5 million tourists only last year, makes it easier for the spread of dreamy summer holidays in Croatia, and Instagram is playing a large role on this exposure.

 

Croatia Instagram
Croatia Instagram

 

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20.09
2018

Gluten Free Croatian food

If you are looking for a gluten-free diet while in Istria, you are in for a treat. Croatian food is traditionally is based naturally in gluten-free ingredients, while celiac-friendly pizzas will make your Croatian food experience complete.

 

Croatian food and Istrian cuisine is celiac-friendly

Traditional Istrian cuisine is a Mediterranean one, with a dose of continental influence. Locals rely on fish, olive oil, fresh fruit and vegetables, and throw in a piece of pork or ox meat for good measure. 

For those looking for a healthy, gluten-free diet, it means their options are readily available in farmers’ markets, restaurants and shops. A bit of planning in advance will make sure they taste all the flavors of Istria.  

09.08
2018

Return on Investment: Taxation in Croatia

Don’t be mistaken. Tax in Croatia isn’t like it is in a haven such as the Cayman Islands. It can be quite high. However, this won’t be the case with your Candy Brick investment property that gives you a high return on investment.

If you purchase your villa as a natural person you will have to pay VAT which in Croatia is 25%. This would be an additional €87,500 which you wouldn’t be able to claim back.

 

 

That is why we recommend you open a private limited company in Croatia (d.o.o.).

This is more advantageous as you can claim your VAT back in 30 days! If you can’t cover this amount for the 30 days, we can offer you an interest free loan to cover it.

 

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11.07
2018

Your villa in Croatia: June report 2018

Why is the choice of the terrain important for your villa in Croatia?

The location and ground dictates how the architecture and the project of your villa in Croatia will take shape. Your project can suffer if the choice of the terrain is poor, affecting the project’s plan and vision.

 

Location and terrain

The region of Marcana in Istria is constantly increasing in tourism, which is extremely beneficial for your rental income.

Some of terrains on which Candy Brick villas are being built, have a very interesting and favourable anatomy for the construction of a modern and unique villa in Croatia.

Candy Brick construction keeps showing great progress, and in only a month. As a result, each house is visibly progressed and the structure of three villas is near to be finished.

 

Materials

For your villa in Croatia choose Candy Brick who uses right materials. 

When you invest in a property, maybe the first thought is financial return generated by an income.

But what might not come to your mind straight away, and is also extremely important, is the quality of materials that will ensure durability.

As a result of this durability, when deciding to monetise your villa in Croatia, your property will still be in exceptional conditions. 

The materials also impact the performance of your property.

For example, if the works are done with poor quality materials, the heating systems will be affected making them not as efficient as they should be, resulting in more consumption.

Candy Brick not only builds high quality structure, but also implements high performance, low consumption and sustainable heating systems.

 

For that reason trucks arrive constantly in Matelici, filled with wood, insulation, tiles and concrete of the best quality for your villa in Croatia. 

 

Wood

Croatia has a variety of wood eating insects that could damage your foundations, and that is why Candy Brick takes all the precautions, focusing on high quality and long term durability.

Every wood used on your villa in Croatia, is treated with special products against insects. Those products must be applied using high pressured air, making sure it covers and penetrates every wood vein and wholes.

 

 

Concrete

The ground concrete slab of all properties in Matelici are completed. You can find more information about the concrete and how the weather can affect it on the link below.

Weather conditions can influence your property

 

The very first property you see when entering the terrain in Matelici, is property number 1

First of all, the anatomy of the first house is divided by 2 floors, ground and first. 

Due to the terrain, the ground floor is divided by two levels. Lower, having the living room and kitchen and the upper having 2 bedrooms with bathrooms and storage room.

The walls for the lower ground floor and upper are completed. Windows and wholes are placed and, the next step is reinforcing the frames and passages with concrete slabs.

Floor

The floor can receives two different types of insulation:

  • Hydro (bitumenized paper) prevents the passage of steam from the ground.
  • Thermal, stops the water to pass and reach the concrete slab and allows any steam to evaporate, this kind of insulation also prevents noise propagation.
  • Around the floor by the walls, 1cm of stiropor prevents contact between tiles and walls, this is called floating floors.

As a result the more layers of insulation materials the floor receives, the less it propagates the noise.

 

Heat energy is lost from buildings through their roofs, windows, walls, floors and through gaps, if the insulation is not made properly.

Having heating systems, is not enough if the insulation is done wrong.

Candy Brick foundations for the chimney on the second and first house are in place. Next step is building the first floor concrete slab and progress with the construction of the master bedroom.

 

Property number 2

The anatomy of the second house is similar to the previous one (lower and upper) with the similar characteristics of the first one.

Construction is progressing to the first floor leading to the top concrete slab where the master bedroom is. The master bedroom of your Candy Brick villa has a really spacious L shape terrace.

 

Last but definitely not least, there is house number 3

The anatomy of this property is a little particular, consequently, this property has 5 different roof levels. The three concrete slabs are completed and the roofing process already started on the lower roof.

 

 

 

Candy Brick is already making the next steps and contacting water and electricity companies, in order to move forward from the structure, to the next stage of the villas construction. 

 

 

 

Candy Brick is already making the next steps and contacting water and electricity companies, in order to move forward from the structure, to the next stage of the villas construction. 

18.11
2017

Buying property in Croatia? OK, but first, geodesist

Buying property in Croatia? OK, but first coffee, geodesist

 

If you own a holiday villa in Istria Croatia, you can rent it out to tourists (getting the bookings a year in advance!). Giving you the possibility to make a profit by selling the villa in 10-15 years, when the prices in Croatia will go up.

The problem is that when you start the procedure of buying a property in Croatia and start searching for homes for sale… you must also start dealing with sellers.

No matter if you are wealthy and respected in your home town. If you don’t have determination to analyse some aspects of the property before the purchase, the sellers will think that you are…naive. With money, but still, naive.

And that is a problem for you.

The seller’s interest is different from your interest. the sooner you are aware of it the better.

 

Conflict of interest between you and a no-name seller

 

When you are buying property in Croatia, you need to know that seller’s goal isn’t to help you and consider your concerns as an investor.

They just want your money in their bank account and never see you again.

The sellers are often no-name people, without having a brand and reputation they care about.

And what hurts more, a public opinion that the seller made a terrible job, that everyone can see, or a letter from a lawyer that only the seller and you know about?

Public shame hurts much more and motives people to make a solid job.

I’m not trying to say that you need to get a branded villa immediately.

You just need to get more information before the purchase.

Keep on reading to find out what to check, get informed and show everyone that you are not a naive foreign investor.

 

First step when buying property in Croatia, online research

 

Read and analyse real estate portals and its ads in Croatia, such as Njuškalo, Rightmove Croatia, Immobilienscout24, Immowelt, Place in the Sun Croatia, Crozilla, Real Estate Croatia and so on.

You need to keep updated on the market and what are the offers available.

 

Second step, meetings and viewing

 

When you find interesting options, organise the house viewings with the sellers or real estate agents.

Try and schedule them one after another, so that you can check as many as possible during your stay in Croatia.

The notes, if possible document with images and videos everything you see, take in consideration your feeling and first impression of the place.

Take with you a friend or acquaintance that can help you analyse the property.

It is very relevant recording somehow what is promised or said to you, so you can protect yourself against any traps.

 

The crucial step of buying property in Croatia: analysis of interesting options

 

Don’t get mistaken, no-one else can make the house analyse better than you, not an agent or seller!

If the seller tells you, that the house is 120m² , buy yourself a measuring tape and confirm 🙂

Request proven information – original and updated documents.

Anticipate and avoid serious problems after the purchase you, get enough information beforehand, anticipate and avoid serious of problems after the purchase.

The seller doesn’t want to share with you any negative aspect of the house that could lower your offer or make you give up the buy.

It’s not a matter of luck, which makes the difference on your investment return. It’s the a matter of researching, collecting information and planning.

 

Photos, visits and then?  What else should you check to avoid any regret on your decision

 

Apart of seeing pictures and visiting the house, check also:

  • Trends in tourism in Europe and in Croatia. If you buy a villa to rent out in a country, where tourism decreases, don’t think that its value will increase over time! If you’re buying property in Croatia, check official statistics.
  • How were different construction steps made? Check who were the people involved on the construction, like geodesist, architect, builder and developer, checking those technicalities can  avoid legal problems and construction problems, such as humidity.
  • How the villa in Croatia, you want to buy, will be rented out? What is the marketing strategy for it? Who are the people who will do this job? Your initially helpful agent, once the villa is yours, will not be interested any more on helping you rent it out. Make written agreements with competent people before the purchase.

Don’t be naive when buying a property in Croatia, make sure you tick off the list above.

 

Professional analysis starts from the geodesist

 

From the geodesist? But, I’m not buying a land in Croatia. I’m buying a house!

Take control over the situation when buying property in Croatia, find out who was the geodesist involved in the house project and construction.

This figure is extremely important for the house and the plot. If he made errors, and you don’t do a professional analysis with a new geodesist before the purchase, you will end up paying for it.

Another case study, why should you pay extra for something that doesn’t exists?

Imagine you bought a house on a plot of 435m.

After a few years you wish to sell the house. For that you hire the geodesist to measure the plot.

You find out that the plot is of 400m! Meaning the land registry contains errors.

You have never had 435m. That means you had paid for something that never existed! And it’s only, because you did not check the size of the plot before purchasing with your own geodesist.

Now, if a new buyer surely reads this article and takes in consideration the advice, he will check your plot for sure before the purchase and will surely not pay for 435 m without checking!

 

Buying property in Croatia? OK, but first “coffee” with a geodesist. And you can have it right now

 

Deni, our geodesist works with Abaka a company based in Rovigno, Istria Croatia and has supported many successful projects with his knowledge and expertise.

His role is fundamental for any investment project in the real estate market – without him no villa could be built!

And that is why we interviewed the geodesist to share his knowledge with you.

  • Why is the geodesist so important for an investor? What can the geodesist do for an investor?
  • What type of problems a property investor finds if he doesn’t involve an expert geodesist in the project?

You will also learn:

  • In how many projects was Deni Tomišić involved?
  • What was the most difficult project that Deni Tomišić was involved in and how did he solve it?
  • What are the best places to buy in Croatia? Istria, Dalmatia or maybe Zagreb zone?
  • How does he imagine Istria Croatia in 10 years? What will improve until that time?
  • The most important advice that Deni Tomišić can give to an investor buying an investment property in Croatia from geodesists’ point of view.

Click here to listen to the interview with Deni Tomišić. You can also find it in our youtube channel.