First‑home buyers in Croatia and Serbia warned of costly mistakes

In Croatia, experts say young buyers often underestimate the total cost of purchasing a first home, focusing only on price and overlooking taxes, notary fees, registration, moving expenses and future maintenance. They advise keeping a financial reserve and allowing sufficient time for the transaction process.

In Serbia, the Ministry for Family and Demography alerts mothers applying for a state subsidy of up to €20,000 that errors such as paying the full purchase price before receiving the official decision, failing to register the property with the Republic Geodetic Authority, or neglecting the required five‑year non‑sale restriction can result in loss of the subsidy. Applicants must keep at least 20 % of the price unpaid until the subsidy is confirmed and ensure proper legal registration of the property.

Both pieces emphasize careful financial planning and compliance with legal procedures to avoid forfeiting funds or facing unexpected expenses when buying a first residence.