Real Estate prices and taxes
Slovenia property investment is growing in popularity and was voted one of the top ten property investment locations in the world by UK TV program “A Place in The Sun”. If you looking for a second Slovenia home or an investment property for capital gains, rental income or a mixture of both Slovenia property investment has much to offer you.
AVERAGE SQUARE METER PRICES IN 2016
| Apartment | House | Office | |
|---|---|---|---|
| Slovenia | 1,263.21 EUR | 755.87 EUR | 539.12 EUR |
| Ljubljana surroundings | 1,479.19 EUR | 1,046.58 EUR | 616.12 EUR |
| Ljubljana | 2,350.66 EUR | 1,438.85 EUR | 1,224.18 EUR |
REAL ESTATE TAXES
OWNING
Property tax
It depends on the type of property and its value. The tax rate vary from 0,10 % to 1 % of the value for dwellings and from 0,15 % to 1,25 % for business premises.
Change for the use of construction land (NUZS)
Local communities determine the rate of the tax, which depends on the size and the type of the property. It is possible to get a 5-year exemption for new buildings or apartments.
SELLING
Tax on the transfer of immovable property
2 % of the tax base if no VAT is paid.
VAT
Before buying a property, the age of the real estate needs to be determined. If it is older than 20 years, only property tax is paid. The VAT can be either 22 % (new properties) or 9,5 % (apartments up to120 m3).
Tax on profits due to changes in land use
Tax rates are 5 %, 15 % and 25 %. The rate depends on the amount of time that has passed since the change.
Tax in capital gains
Tax applies to properties obtained after January 1, 2012. The rate is 25 % for the first five years and it lowers for 5% for the next five years
RECEIVING
Gift tax
If the recipient of the property is not the donor’s next of kin, the recipient is subject to gift tax. The rates stretch from 5 % to 39 %, depending on the order of succession.
