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Slovenia

How buyers and sellers split brokerage fee and who pays the real estate transfer tax

With the amendment of the Real Estate Brokerage Act in 2019, the costs of brokerage can only be paid by the service subscriber. Usually, towards the end of the description of the real estate, advertisements on real estate portals - such as Nepremičnine.net - often state that the buyer of the real estate must undertake to pay real estate transfer tax. At first glance, these brings him additional costs,...

Dilemmas about higher taxation of empty and large real estate in Slovenia

Last week, members of the Levica party submitted to the National Parliament a bill on the Tax on Empty and Large Real Estate, which would bring progressive taxation of empty, larger and more expensive real estate. The Chamber of Real Estate (Zbornica za poslovanje z nepremičninami) is not in favor of the proposal, as in their opinion it cannot bring improvements, and the tax...

Best auctions in February

In February, various flats, land, houses and apartments in Croatia and Slovenia will be available at auctions. Here are some of the best ones. APARTMENT IN ROGLA FOR 57.000 EUR The apartment is located in the immediate vicinity of the ski resort or toboggan run Zlodejevo. The building consists of three houses, each with six apartments. The apartment for sale measures 21 square meters and the...

Last chance for record-breaking cheap home loans?

Why liquidity-bursting banks would raise upright loans, and what is the effect of more expensive real estate on the loan market. Although the European Central Bank (ECB) - unlike the US Fed - has not yet announced an increase in interest rates, EURIBOR, the average interest rate at which a group of selected European banks lend money to each other, is already rising. If it continues to rise, sooner or...

WHY NOW IS THE BEST TIME TO SELL YOUR PROPERTY AND WHAT ARE YOUR TAX OBLIGATIONS AS A SELLER

If you want to sell your property, now is the perfect time. The housing market is favoring sellers. Demand for houses is high and supply is low, so many houses are going off the market as quickly as they enter. Factors such as the growing amount of funds in bank accounts and favorable bank loans suggest that the growing trend could continue. Those who do not want to bet on it and the property they...

OVERVIEW: NEW CONSTRUCTION, PRICES PER SQM, AVAILABILITY

Many flats, and in the case of smaller housing projects the majority, have been sold, and the average prices have risen from 3,500 to well over four thousand euros per square meter. The residential real estate market started to heat up three years ago, and last year, in 2021, and upcoming year 2022, we are witnessing a real euphoria in the housing market. Apartments, new and old, are going on the...

THE STATE OF THE REAL ESTATE MARKET IN SLOVENIA

At the end of November, the Vice Governor of the Bank of Slovenia, Primož Dolenc, stated that: "real estate indicators indicate that the prices of residential real estate in Slovenia are overestimated". What does this mean and how do they calculate it? "The Bank of Slovenia calculates indicators of relative overvaluation. Relative overvaluation indicators are calculated by comparing the historical...

BUYING REAL ESTATE IN SLOVENIA AS A FOREIGNER

Slovenian Constitution in Article 68 says “that foreigner can get ownership rights for real estate under conditions provided by law or a treaty ratified by the National Assembly”. Since Slovenia entered EU in 2004, EU citizens may buy properties or real estates in Slovenia without restrictions. Here are some basic rules for buying a property depending on where you come from: As mentioned,...

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