Banks in the Netherlands and / or Belgium
Most Middelland clients have their own home in the Netherlands or Belgium, with surplus value. They conclude a new loan with their bank on the (increased) value of the owner-occupied home. With the released power the house is purchased in Croatia. The advantages of this construction are:
- It is your own bank, which you already know well -> so lower risk -> lower interest rates
- Both the borrower (you) and the collateral (your home in NL or BE) are registered in the same country as the bank -> so lower risk -> so lower interest rates
Some Dutch and / or Belgian banks have special mortgage loans for homes in Spain, or France as collateral. There are no banks in the Netherlands or Belgium that provide loans with a property in Croatia as collateral. The same applies to Italy, Portugal, Switzerland, etc.
Banks in Croatia
The two largest banks in Croatia offer mortgages to foreign registered (non-residents) who buy a property in Croatia. The banks have many additional requirements, such as extra screening, sometimes the request to deposit guarantees at their bank, to bring in other assets as collateral or to leave a person with regular income in Croatia as co-debtor.
See here the pages with mortgage advice for the following banks:
The story is different if you are actually planning to run a business in Croatia. It then concerns a mortgage loan and a business loan. For business loans we advise you to contact the banks directly.