Home Property in Slovenia
How to buy a house in Slovenia?
Here you will find the detailed information about real estate purchasing in Slovenia:
- the right way to choose the property and to effect the deal;
- property taxes and duties that should be paid;
- everything about home loans in Slovenia;
- home property management and renting;
- rental, commercial properties and related investment properties.
Real estate for sale
Most recent offers from house owners in Slovenia and from real estate agencies. Advertisements with the fixed price and auctions are listed here.
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One of the most investment-attractive markets throughout the Balkan Peninsula is in Slovenia. Prices for housing in this country are quite affordable as compared to the average European level.
Slovenia is famous for its ski and spa resorts in such cities as Kranjska Gora, Bovec, Bled, etc., and this is where the most popular (as of 2013) Slovenian property is located. Apartments in these regions cost around €1800 per sq. m. The best real estate options in terms of business climate, well-developed infrastructure, and proximity to large cities are located in central regions of Slovenia. The most developed city is its capital, Ljubljana. Apartments in Ljubljana are worth around €2000 per sq. m., while a local private house can be purchased for some €2500 per sq. m.
Prices for real property located along the coastline vary within €1500–€2000.
Real estate acquisition in Slovenia is only available for private individuals, who are residents of either USA, or one of the EU countries. Residents of other countries must register a legal entity in Slovenia in order to purchase real property.
Business registration in Slovenia
According to Slovenian law, the following organizational and legal forms of business are available for foreign establishers:
- Public limited company, called “Delniska druzba” and designated as DD;
- Limited liability company, called “Druzba z Omejeno Odgovornostjo” and designated as DOO.
Business notarization and registration is done in the trade register of Slovenian court. Authorized capital of an established company must be over €10 000. In addition, buyer should open a bank account for all transactions related to property purchase. The process of legal entity registration in Slovenia takes up to one month.
Before signing principal sale and purchase agreement it is necessary to sign a preliminary agreement and pay a 10 % deposit of property value. This payment is to be done by means of transferring money from a legal entity account to the seller’s bank account.
Principal sale and purchase agreement
After both parties have signed principal sale and purchase agreement, property should be registered in the cadastral register. This process may take over 2 weeks. In the meantime, the buyer has to pay the remaining transaction amount. Having obtained a cadastral excerpt, buyer becomes a rightful owner of property, while seller receives the whole price for the object.
According to law, real estate acquisition in Slovenia is imposed by the following taxes and duties:
- registration in the cadastral register of Slovenia – €80;
- notary fee – €100–€200;
- translator’s fee and paperwork expenses – €200;
- expenses for company establishment – around €2500;
- real estate agency fee – 2–4 % of property value;
- stamp duty – 4 % of property value (may be covered either by seller, or buyer);
- transfer tax – 2 %;
- legal entity profit tax – 21 %.