How much is the reservation fee for a new property in Croatia?

1 Standard fee: Typically, the reservation fee is about 5,000 to 10,000 euros. This amount can be credited against the final purchase price of the property once the transaction is finalized.

2 Percentage of property value: In some cases, especially with more expensive properties, the reservation fee can be expressed as a percentage of the value of the property. This can be, for example, 1% to 2% of the value of the property being purchased.

3 – Fee refund: It is worth checking whether the reservation fee is refundable in case the transaction fails to go through for reasons beyond the buyer’s control, or whether it is treated as non-refundable. Usually, if the buyer withdraws from the transaction without a valid reason, the reservation fee is not refunded.

4 Contract terms: The exact terms and conditions of the reservation fee, including its amount and the rules regarding its reimbursement or conversion into an advance payment of the purchase price, should be clearly defined in the reservation agreement.