Rental and Leasing Guide: How to Find the Ideal Property

Guide to Renting Real Estate in Croatia

Renting a property can be a simple and safe process if you follow the key steps and take into account all legal and financial obligations. Whether you are a landlord renting out your property or a tenant looking for a new home, this guide will help you understand the entire process.

Preparing a property for rent

Before you decide to rent out a property, you need to ensure that it is in good condition and ready for new tenants. Usually, at least basic repairs such as freshly painted walls and possible replacement of old, worn-out household appliances are necessary. If you can afford it, it is certainly welcome to furnish the property as attractively as possible in order to attract more interested tenants and thus ensure a faster rental at a better price.

Determining the rental price

The rental price depends on numerous factors such as location, size, equipment and market demand. It is certainly recommended to research the prices of similar properties, in which our agents can help you, in order to set a realistic and competitive price. When agreeing and signing the rental agreement, it should be considered whether the price includes utility costs, maintenance fees or additional services.

Legal regulations and rental agreement

The law obliges you in both cases, whether you are a tenant or a landlord, to conclude a written rental agreement that protects both parties and clearly defines the terms of use of the property. The agreement should contain information about the landlord and tenant, the duration of the lease, the monthly rent amount, the method of payment, the deposit, the terms of termination of the contract and the responsibilities of both parties. Signing the contract with a notary public further increases security. Read more about the obligations of tenants and landlords HERE. It is also useful to draw up a record describing the condition found before moving in, which can serve as proof of any subsequent damage caused.

Deposit and insurance

If you are in the role of a landlord, it is certainly advisable to take a deposit in the amount of one or more monthly rents as security against non-payment of rent or possible damage. As a tenant, on the other hand, you should check the conditions for the return of the deposit and the possibilities of property insurance in order to further protect yourself from unplanned costs.

Taking over the property and keeping records

When moving in, it is recommended to draw up a record of the condition of the property, which includes photographs, a list of furniture and appliances, and any damage. This helps to avoid misunderstandings when leaving the property and returning the deposit.

Payment of utilities and additional costs

The contract should clearly define who bears the costs of utilities – the landlord or the tenant. It is customary for the tenant to pay for electricity, water, gas, internet and maintenance fees, while the owner can take on certain costs, depending on the agreement.

Regular maintenance and communication

The landlord and tenant should clearly define the maintenance of the property, i.e. what falls within the domain of the landlord's obligations and what falls within the domain of the tenant's obligations. The owner is, for example, responsible for major repairs such as repairing faulty installations and the like, while the tenant should take care of regular cleaning and maintenance of the space.

Termination of the contract and leaving the property

Upon termination of the contract, both parties must respect the agreed notice periods. The tenant must return the property to its original condition, while the landlord should check the condition of the property before returning the deposit. A record made upon moving in can help here to ensure that no damage has occurred.

Renting a property can be simple and stress-free if you prepare properly and adhere to all legal and financial guidelines. Whether you are a landlord or a tenant, it is crucial to understand your rights and obligations in order to ensure a safe and successful rental. If you need professional help in the rental process, our agency is at your disposal HERE