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Property owners, developers and hotel owners in Croatia face increasingly complex tax rules, stricter lenders and more demanding investors. Our real estate advisory brings tax, project accounting, audit, valuations and financing into one team. Buying or selling a property, or the company that owns it? Our Real Estate Desk runs acquisitions and disposals from start to finish.
Challenges in the real estate sector
Development projects run for years and property portfolios tie up significant capital. Every change in tax rules, construction costs or financing terms shows up in returns.
- Property tax – an annual property tax has applied since 1 January 2025 and, depending on the type and use of the property, needs to be built into yield calculations and budgets.
- VAT or real estate transfer tax – depending on whether a building is new, a sale is subject to VAT or real estate transfer tax, with exceptions and options that change both price and margin.
- Margin and cash flow by project – without tracking construction costs by phase, budget overruns become visible too late.
- Lender requirements – banks and investors expect financial models, audited statements and regular reporting on every project.
- Portfolio value – valuations for financial reporting, lending or a partner's entry must be well founded and documented.
Real estate advisory for owners and developers
Tax advisory
VAT on construction and sales, real estate transfer tax, property tax, taxation of rental income and the tax position of special purpose vehicles (SPVs).
Accounting
Separate accounting for each project company, construction cost tracking by phase and monthly reporting to owners, lenders and foreign parent companies.
Audit
Audits of the financial statements of property companies and developers, and of reports requested by lenders. Where we are also your auditor, we provide other services only within the independence rules.
Valuations
Valuations of companies and property portfolios for financial reporting, lending and partner entry, working with licensed property valuers where the law requires.
Business plans and studies
Feasibility studies, financial models and business plans for banks, funds and partners.
Real Estate Desk
For acquisitions, disposals and new projects, the Desk runs the whole transaction, from due diligence and tax structuring to post-acquisition reporting.
Why RSM Croatia
We understand the development cycle
From land acquisition and construction to sale or letting, we know where tax and financial risks arise.
Adriatic hospitality property
We work with owners of hotels and tourist properties, where tax, seasonal trading and financing are closely intertwined.
Local insight, global reach
More than 30 years in Croatia, offices in Split and Zagreb and RSM colleagues in 120 countries for international owners.
Frequently asked questions
The property tax has applied since 1 January 2025 and, depending on the type and use of the property, reduces net yield. We build it into the financial model and check whether a different structure or use makes sense.
It depends on the type of property, the seller's status and whether the building is new. The rules include exceptions and options, so we check each case before contracts are signed.
We set up separate accounting for each project company, construction cost tracking by phase and monthly reporting for owners and lenders, so you spot budget variances and funding needs early.
