20.05.2024

Buying construction land - tips for a wise investment.

Buying construction land - tips for a wise investment.
Nowadays, when real estate prices are relentlessly rising, especially apartments and houses in urban areas, many young families are faced with the challenge of finding an adequate housing solution. Many are increasingly considering the purchase of construction land outside the city centers where the prices are significantly more favorable. This approach not only provides financially more accessible options, but also provides an opportunity to build a home according to personal preferences.


What should you pay attention to when buying construction land?

1. Location and infrastructure
First of all, it is important to consider the location of the land. Although land outside city centers is often cheaper, it is important to investigate the availability of basic infrastructure such as water, electricity, gas, sewerage, internet, telephone, and access and arrangement of roads in the area. Also, it is important to check the future plans for the development of the aforementioned infrastructure in the same area.

2. Legal check
Before buying, it is necessary to check whether the land has all the necessary conditions for the construction of the desired property. It is important to check the registration of the land in the land register and whether the land is free from legal obstacles that could make construction difficult or impossible. In the title deed, you can check whether there is a right to lease, mortgage or other encumbrances that may prevent you from buying and obtaining proper documentation. All of the above can be checked for you by the Madria Invest team, i.e. the law office with which we have been cooperating for many years.

3. Size, orientation and shape of the land
The dimensions and shape of the land can significantly affect the type and size of the house you can build. Make sure that the dimensions and orientation of the plot correspond to your plans for the future home, and pay attention to the access to the land itself and the existence of a regulated easement of passage.

4. Future value
Although the primary motivation may be to build a home, it is always wise to think about future sales. Analyze market trends and potential for land value appreciation.

Why is this option increasingly popular among young families?
Considering the significant increase in the prices of apartments and houses in cities, buying land and building a house is becoming an increasingly attractive option. With a little more personal involvement, the price that you would normally invest in a more expensive apartment in the city can be invested in the construction of a spacious house with a garden. This not only provides more space and privacy, but also the opportunity to design your home according to personal wishes and needs.

Also, building your own house allows control over the quality of materials and workmanship, which can significantly reduce long-term maintenance costs, and with the right planning, this approach can be extremely profitable, especially for families looking for more space and personal peace.

In conclusion, buying construction land in Croatia can be an extremely smart investment for those who are ready to invest time and energy in creating their ideal home. Either way, thorough research and planning is recommended to ensure your new home is exactly what you envisioned.

All of the above will be checked for you by the Madria Invest team, that is, the law office with which we have been cooperating for many years. We are here to help you every step of the way.

Contact us with confidence for more information and advice.