Located along the beautiful Dalmatian coast, Makarska is one of Croatia’s most sought-after real estate destinations. Known for its stunning beaches, rich history, and proximity to natural wonders like the Biokovo Mountain, Makarska offers a blend of coastal charm, modern amenities, and a laid-back Mediterranean lifestyle. Whether you’re looking for a vacation home, an investment property, or a permanent residence, to buy property in Makarska presents a unique opportunity to enjoy both natural beauty and economic growth in Croatia’s real estate market.
Overview of Makarska
Makarska is a small town nestled between the Adriatic Sea and the dramatic slopes of Biokovo Mountain, offering breathtaking views in every direction. Its popularity stems from a long stretch of pristine beaches, crystal-clear waters, and a well-developed promenade lined with cafés, restaurants, and shops. Makarska also boasts a rich cultural history, with charming old towns, ancient churches, and cobblestone streets.
While it’s a popular tourist destination, especially during the summer months, Makarska still retains a relaxed, small-town feel. Its proximity to larger cities like Split (60 km) and Dubrovnik (150 km) makes it an attractive location for those seeking a quiet lifestyle without being too far from the conveniences of larger urban centers.
Why Buy Property in Makarska?
Tourism Potential: With a strong tourism season that lasts from spring to late autumn, investing in property in Makarska can be highly lucrative. Vacation rentals and holiday homes are in high demand, allowing owners to generate rental income during peak tourist months.
Natural Beauty: Properties here often come with stunning sea or mountain views, adding to their appeal. Whether it’s a modern villa with a panoramic sea view or a charming apartment in the old town, Makarska’s landscape enhances the value of real estate.
Growing Infrastructure: The local infrastructure is improving with new developments in transportation, healthcare, and education. This is making Makarska more accessible and attractive for both investors and expats looking to relocate.
EU Membership: As part of the European Union, Croatia offers a stable legal framework for foreign investors, making the buying process in Makarska straightforward.
Types of Properties Available in Makarska
Luxury Villas: Often perched on the slopes of the Biokovo Mountain or along the coast, villas in Makarska offer luxury living with spacious interiors, private pools, and expansive outdoor areas. These properties are perfect for those looking for a second home or investment property to rent to high-end tourists.
Apartments: Apartments, particularly in the old town or along the promenade, are a popular choice for both holidaymakers and investors. They offer a combination of convenience, beautiful views, and relatively low maintenance compared to villas. Apartments in Makarska can range from modern, newly built units to more traditional, stone-built properties with historic charm.
Townhouses: The old town of Makarska is home to charming townhouses that date back several centuries. These properties provide a unique blend of history and character, often featuring traditional Croatian architecture. However, they may require renovation, which can be a factor for prospective buyers to consider.
Land: For those looking to build their dream home or invest in a development project, purchasing land in Makarska is also an option. Plots with sea views or close proximity to the coast are particularly sought after.
The Best Neighborhoods To Buy Property in Makarska
Makarska can be divided into several distinct areas, each with its own character and appeal:
Old Town (Stari Grad): If you want to immerse yourself in history and live among charming stone buildings, narrow streets, and traditional Croatian architecture, the Old Town is the place to buy. This area is perfect for those looking for quaint townhouses or apartments in a historical setting. Prices here tend to be higher due to the location’s cultural significance and demand for tourist rentals.
The Promenade (Riva): The promenade is a lively area right by the sea, known for its bustling atmosphere, restaurants, and cafés. Properties along the promenade often command premium prices, especially those with sea views. Apartments are the most common property type here, offering both convenience and prime locations for short-term rentals.
Veliko Brdo: For a more tranquil setting with panoramic views of the sea and the Biokovo Mountains, Veliko Brdo is a fantastic option. This residential area sits slightly above the town, providing a quieter environment while still being close to Makarska’s center. Many luxury villas can be found here, making it an ideal location for those seeking more privacy and larger properties.
Zelenka: A more suburban neighborhood, Zelenka is favored by families and those seeking a peaceful lifestyle. It is primarily a residential area with newer apartment complexes, and properties here tend to be more affordable than in the Old Town or along the Promenade. Zelenka is perfect for buyers looking for modern amenities, parking, and proximity to schools and parks.
Makar: A small, traditional village located just above Makarska, Makar offers a more rural, laid-back atmosphere while still being close to the town. This area is ideal for those seeking to buy land or a more spacious property with a more rural, Mediterranean lifestyle.
How Much Does It Cost To Buy Property in Makarska?
The real estate market in Makarska has grown steadily in recent years, driven by increased demand from both local and international buyers. As of 2024, here’s an overview of the current price ranges to buy property in Makarska:
Luxury Villas: Prices for villas with sea views or near the coast can range from €500,000 to €2,000,000, depending on size, location, and features such as private pools and gardens.
Apartments: Prices for apartments vary greatly depending on their proximity to the sea and the town center. In the Old Town or along the promenade, prices typically range from €3,500 to €5,500 per square meter. In quieter, more residential areas like Zelenka, prices are slightly lower, between €2,500 and €4,000 per square meter.
Townhouses: Historical townhouses in the Old Town can cost anywhere between €300,000 and €800,000, depending on the condition and size of the property.
Land: Plots of land with sea views or near the coast range from €150 to €400 per square meter, depending on location and accessibility.
The Process of Buying Property in Makarska
Foreigners are allowed to buy property in Makarska, Croatia, and the process is relatively straightforward. Here’s a brief overview of the steps involved when you decide to buy property in Makarska:
Research and Budget: Before purchasing, it’s important to define your budget and determine what type of property you are looking for—whether it’s a vacation home, rental investment, or permanent residence.
Hiring a Real Estate Agent: Working with a local real estate agent can help navigate the market, especially if you are not familiar with Croatian property laws or language. Agents will assist in finding properties, handling paperwork, and ensuring a smooth transaction.
Property Inspection: Once you find a property you are interested in, a thorough inspection should be carried out to ensure there are no legal or structural issues.
Signing the Pre-Contract (Predugovor): This legally binding agreement outlines the terms of the sale and is typically signed once the buyer and seller agree on the price. A deposit (usually around 10%) is paid at this stage.
Final Contract (Ugovor o Kupoprodaji): The final contract is signed once all legal checks are completed, and the remaining balance is paid. This contract is then submitted to the Land Registry to transfer ownership.
Legal Fees and Taxes: Buyers should expect to pay approximately 3-5% in legal fees, notary costs, and taxes (real estate transfer tax is 3%).
Conclusion
To Buy property in Makarska, offers not only a fantastic opportunity to own a piece of the stunning Croatian coastline. But, also an excellent investment potential. Thanks to its booming tourism and real estate market. With a wide range of properties available—from luxury villas and modern apartments to historical townhouses—there’s something to suit every buyer’s needs. Whether you’re drawn by the tranquil mountain views, the vibrant seafront, or the charm of the old town, Makarska is a perfect destination to invest in Croatia’s real estate market.
Note: Please be aware that the information from Croatia Real Estate Insight is intended solely as a general guide. It is not a substitute for legal or financial advice. Croatian laws and administrative regulations frequently change, and individual circumstances can vary, meaning specific rules may apply differently to each situation.
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Resources:
Official Tourist Board: makarska-info.hr
Makarska Riviera: makarskariviera.info
Local Information & Events: makarska.hr
Travel Tips & Blogs: https://visitmakarska.croatia.hr/en-gb
Other Useful Websites:
https://www.dalmatia.hr/destination/makarska
https://www.makarska-zvjezdarnica.com/en
https://www.lonelyplanet.com/croatia/makarska
https://www.timeout.com/croatia/things-to-do/great-things-to-do-in-makarska
