Thinking about a ā¬150,000 apartment? Filip Brkan from Imperium Immobiliare reveals that the total costs can be significantly higher! Important information: 1. Real estate sales tax is 3%. If the price is "too low", additional tax charges are possible. 2. Total additional costs for a ā¬150,000 apartment can be around ā¬9,400, or 6% of the total value. 3. Our role is to help you understand all the costs and find the best options.
In the last few years, the real estate market in Croatia has undergone significant changes. Despite global challenges such as pandemics, earthquakes and geopolitical tensions, real estate remains a stable sector. Real estate prices have been rising, but the difference between requested and realized prices is often around 20%. The actual growth of real estate prices in Zagreb is around 10%, which is considered healthy economic growth, stimulated by the introduction of the euro and entry into Schengen.
A new survey by the Imperium Immobiliare agency reveals significant differences between the requested and actual sale prices of real estate in Zagreb. The average difference is 22.75%, with the biggest deviations in properties of 55-70 mĀ² and 90-130 mĀ². In TreÅ”njevca, the difference between the requested and realized price reaches 31%, while properties of 130-150 mĀ² are an exception with a minimum difference of only 2%. The analysis points to the need for more realistic pricing, in order to avoid large differences between the seller's expectations and actual market values. The analysis covered 4630 older residential properties in different parts of Zagreb, providing valuable insights for sellers, buyers and investors.
Surprising data on empty apartments in Croatia! At the conference "Eurotransformation: The first year with the euro - the rise of real estate prices", the impact of Croatia's entry into the eurozone on the real estate market was discussed, with an emphasis on Filip Brkan from Imperium Immobiliare. Real estate prices are rising, and it is interesting that despite this, there are 10 to 15% empty apartments in cities. Filip Brkan emphasizes the importance of realistic valuation of real estate and a responsible approach in business in order to avoid the creation of unrealistic expectations.
The real estate market in Croatia: The law of supply and demand is key to understanding the real estate market. In recent years, real estate prices in Zagreb and other parts of Croatia have risen drastically. The main reason is the small supply, especially in attractive locations. Investors face challenges such as high costs and lack of space for large projects. Recently, it was discovered that there are more than 50,000 vacant properties in Zagreb, which has fueled the debate on the introduction of an annual real estate tax. This measure could encourage owners to put their properties on the market, which could solve the supply problem.
At a recent expert meeting organized by Poslovni dnevnik, current trends and financing of real estate purchases were discussed. š š¢š„š¢š© šš«š¤š§, founder and director of Imperium Immobiliare, pointed out the significant difference between the requested and achieved prices on the Zagreb market, which is on average about 20%. He emphasized the importance of seller education and the need for more realistic prices. The participants of the meeting, including experts such as Vek PeriÄ from Pro Group and State Secretary Željko Uhlir, discussed the key issues shaping the real estate market today.
Real estate prices in new buildings in Zagreb's neighborhoods go up to 4,000 euros per square meter, which is why more and more people want to live outside the metropolis.
The real estate agency Imperium Immobiliare recently opened a new office at Ilica 87. The space of the new branch is located on the ground floor of the building and is decorated very elegantly and modernly, so we talked with the owner, Filip Brkan, about how the decoration process went. The space was arranged by contractors according to my instructions, and in our agency we have a colleague who visualizes my ideas in a sketchup, and after that I get a clearer picture of whether my idea is what fits in the space. If everything is as it should be, we give clear instructions to contractors who work according to clear instructions and blueprints - explains Filip Brkan, who is an economist by profession, but his professional path led him to the real estate business, so he eventually opened his own agency.
Let's play with the averages... For example, according to the latest official data, which concern last year, the average monthly rental price of a three-room apartment in Zagreb is around 1,500 euros, a two-room apartment 1,050 euros and a one-room apartment 680 euros. Deviations depend on the year of construction of these apartments, as well as the location. As for the average salary in Zagreb, it amounts to 1323 euros. Therefore, singles must allocate more than 50 percent of their income to rent a one-room apartment. Fortunately, experts in real estate agencies follow the market in detail and know how to get the best out of the situation. Of course, the location of the apartment is very important, whether it is a new building, but there are other factors. "Now is the best time to rent an apartment because part of the tenants are finishing their education or work and the offer is the largest. Consequently, the prices for tenants are the best," Boro VujoviÄ, director and founder of Opereta, a real estate agency in Zagreb, told us.
Experts from the Imperium Immobiliaren agency talk about the state of the real estate market in Zagreb and desirable neighborhoods, but also present their new office at Ilica 87 Brave is the one who ventures into buying real estate nowadays. Just one look at the classified ads and asking prices of Zagreb apartments can be quite demotivating for further search. However, this does not mean that you cannot come across a good offer, you just need to be patient and persistent. And, of course, aware that the entire process should be undertaken with the support of a real estate agent who will provide professional guidance to each client, regardless of whether it is a seller or a buyer. Given the ubiquitous rise in prices, in cooperation with Filip Brkan, director of the Imperium Immobiliaren agency, which recently opened a new office at Ilica 87, we decided to investigate whether there are any neighborhoods in Zagreb that are still affordable when it comes to real estate prices.
The most affordable apartments and areas for rent can be found in Sesvete and Gornja Dubrava, where an average of 400 euros is required for 60 square meters per month. All those trying to create a home have been facing high prices in recent months, both for real estate for sale and for rent. Due to the very high prices of square meters in Zagreb, renting is the only option for many. The general problem of the market is the lack of new construction, especially in the more sought-after neighborhoods. There are more and more older apartments, which are easily sold if the price is not too high, so that the person who buys the property at his own expense can adapt the space to himself, but unfortunately this is where we come to the problem. No one wants to buy an old apartment whose price is too high precisely because of the location, and the real estate requires additional investments, but more and more markets want new construction, given that in some city districts the prices of new construction and old construction are equal, so people prefer to choose a change of neighborhood.
In an interview with Poslovni dnevnik, Filip Brkan, director of the company Imperium Immobiliare, talks about the state of the domestic real estate market, which has been facing rapid growth in three years. In the past three years, we have witnessed a sharp rise in real estate prices in Croatia, up to 30 percent higher, which has not yet been recorded in recent history. However, at the moment, all indicators indicate that the residential real estate market is calming down, points out Filip Brkan, director of Imperium Immobiliare in an interview with Poslovni dnevnik, who above all expects a final reduction of the gap between requested and realized prices, and therefore an acceleration of transaction dynamics.
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