Financing property in Croatia through banks
Financing property in Croatia through banks can be done in various ways, much as in other countries. Here are some common financing methods and information on some banks in Croatia that offer mortgages. As a rule, financing a property in Croatia is somewhat more complicated than financing a property in your home country.
Financing holiday homes in Croatia through banks.
Banks based in Central Europe generally do not accept property abroad or in Croatia as security, not least because foreign or Croatian property law applies there, which these banks are often not well informed about, quite apart from language problems with the documents.
Croatian banks, on the other hand, know Croatian property law well enough, but for them the borrowers may be people from abroad, with whom communication, or any recovery of debts, can sometimes be difficult, even though the secured property is within reach, i.e. in Croatia, if it comes to it. This is also a factor that is naturally reflected in the cost of loans there.
As a result, >90% of our clients who use financing have concluded that it is best to take out a loan in their home country against security they already hold there and use it to finance the property in Croatia. At present this is often the cheapest and fastest option.
Which banks finance property in Croatia?
Loans for property in Croatia:
You can approach various banks in Croatia for a mortgage. The main banks in Croatia include:
Privredna banka Zagreb (PBZ): PBZ is the second-largest bank in Croatia (based in Zagreb; part of the Italian banking group Intesa Sanpaolo) and offers various mortgages. More information at: https://www.pbz.hr/en/gradjani/stambeni-krediti/stambeni-krediti.html
Hrvatska postanska banka (HPB): HPB is a large state-owned bank that also offers mortgages.
Raiffeisen Bank: Raiffeisenbank Austria d.d., based in Zagreb, offers the full range of banking and financing services: https://www.rba.hr/en/individuals/products-and-services/loans-and-financing/housing-loans.html
Zagrebacka banka (ZABA): ZABA is a subsidiary of the UniCredit Group and offers a wide range of financial services, including mortgages. More information at: https://www.zaba.hr/home/en/home-loan
Erste Bank: Another major bank in Croatia offering mortgages for buying property. https://www.erstebank.hr/en/private-clients/loans/housing-loans/erste-housing-loans-hr
You can estimate how much financing you need from our current purchase prices: Buy a house in Croatia, Buy a flat in Croatia, Buy a plot in Croatia.
For questions about current terms, please contact the bank in question directly.