New Law Affecting Property Owners in Croatia Comes into Effect
- by croatiaweek
- in Business
A new law affecting those that rent out property in Croatia has come into effect…
The new law, which came into effect on 1 January 2016, means those renting or leasing out accommodation in Croatia are now not able to do so without an energy certificate. Obtaining an energy certificate for a property costs between 900 and 2,500 kuna (depending on size of the property ). Fines for not possessing one range from 5 to 30,000 kuna.
The energy certificate must be made available to the lessee or tenant, before entering into the contract.
An energy certificate gives a property an energy efficiency rating from A+ (most efficient) to G (least efficient). A property can not fail an inspection, with the least efficient rating given in the worst case scenarios, The rating shows how efficient the property is in terms of energy and can help long-term renters in assessing monthly utility costs.
