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Post by irac on Aug 9, 2008 14:54:30 GMT 1
You won't get a proper quote without knowing the designation, location, size etc of the land, not even a rough "quote". You friend would be best off going to Slano, getting a translator, talking to a local lawyer and getting a price for recent sales. Then go to an agent.
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Post by darcy on Aug 9, 2008 15:35:40 GMT 1
2500 m2 on the location should be executed easily for 1M EUR. However, I would be very carefull. Without any exception, 70m from the high tide sea level is a public property. Building permit might be very difficult and very expensive (corruption) to obtain.
I would go for a subdivision and sell it in smaller lots, with a proper building permit.
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Post by keepsmiling on Aug 9, 2008 16:18:51 GMT 1
Is there something missing here? We seem to have an answer but no question. Any clues?
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Post by landquestion on Aug 9, 2008 17:10:57 GMT 1
No! sorry, it's my mistake, I wanted to edit it and somehow I deleted it! Sorry. Do you know what's the average time for a sale? I mean, how long does it take from the very first signature to the paiement? I guess this is done by a notary and there is a legal process taking what ? 3, 4 months or more?
Thanks
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Post by Carol on Aug 9, 2008 21:28:48 GMT 1
I don't really understand your question. Are you saying:-
1. How long does it take to find someone who would like to buy your land?
or
2. How long does the purchase process take after a deal has been agreed?
Answer to no.1 is the same answer as if you were to ask how long is a piece of string?
Answer to no2. is it depends on the deal agreed by the buyer and seller. Can be anything from a few days to months. Mostly it depends on how long the buyers lawyer takes to check out the legality of the ownership and what can be done with it and then for the buyer to get his money together.
You seem to have been reading soem books about the notary's role. I think you have been misinformed. I've been asked the same question 3 times in the last fortnight: the Croatian notary's role is not the same as an Italian or French notary's role.
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Post by landquestion on Aug 10, 2008 10:06:34 GMT 1
Hi,
Thanks! My question was indeed number 2.
Best Regards
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Post by Carol on Aug 10, 2008 21:16:42 GMT 1
No problem. If you are buying land, you should find out about things like what can be built there and whether the GUP is set.
If it is agricultural land/ forest then only Croats and Croatian companies can buy these, so you'd have to set up a company.
Recently I heard that you would also need to employ a Croat to farm agricultural land, but I don't know if this is really true or not yet.
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