Real estate is the reason for coming to Croatia, especially in its richest region of Istria, for many investors, but also for citizens who buy real estate for their specific needs.

Real Estate is a significant asset type that, unlike other property items (eg shares, cash on account, savings in funds, etc.) for its owner is also significant due to other different relationships that are not just financial. This is because real estate investments are much more than expected, motivated not by its value but by "fancy", that is, by a perceived activity that may be based on a buyer's vision in this property, and this property purchase gives special attractiveness and emotional passion.

Value Assesment

Real estate is part of tangible assets and are presented in the financial statements for their carrying amount (purchase value less depreciation). In real life, however, the real estate market value is more commonly used especially when it comes to estimates according to certain valuation criteria. We work closely with authorized assessors, members of the RICS (Royal Institution of Chartered Surveyors) who can make a globally acceptable estimate of the market value of business and personal property. Certain expert judgment and assessment services may also be performed by an authorized court expert in the economic profession.

Real Estate Business

The market value of the property acquired through the valuation is an important and necessary information on the property itself, but it is worth considering, in particular for tax purposes, its position in relation to business activity such as:

- buying / selling real estate
-renting tourists, or renting a business

- buying / selling a company for real estate

- real estate when changing the legal form of business (including mergers and divisions)

-real estate in process of liquidation and bankruptcy of the company

-Investment in real estate and credit lending

- Other business and life situations that have consequences for real estate business.

Our reliable business simulations that focus on the goals of our clients can be extremely useful when you want to get the best solution.

Rental Real Estate

If you own rental real estate in Croatia, you should be aware of your tax responsibilities, local  specified regulations and requirements, but also you need to make sure you stay on top of your accounting when it comes to your rental property.

If you rent real estate such as buildings, rooms or apartments, accurate and up to date accounting can be the difference between renting a space or providing services for your tenants and it can also make a huge difference in how much tax you pay. We  can offer you some tips about tax reporting, recordkeeping requirements and information about deductions for rental property to help you avoid mistakes.

Real Estate Management

Real estate management is an obligation that belongs to the owner of the property, or to the external management to which the owner transfers his / her obligation. But in the one or the other case, the payment of obligations and the compilation of reports, planning and other financial transactions related to real estate, tasks are usually delegated to accountants who are exeprt in taxes and in other regulations.