A building or site of historic character and economic value can be successfully preserved only if the building is well managed, maintained and conserved by the owner. Therefore, it is in the interest of the owner, to require anyone using such property to pay towards the costs through the collection of a monument annuity. An annuity is a payment for the use of fixed resource, such as land, natural resources or in this case a cultural monument. The monument annuity provides an economic basis for collecting assets for the consumption of the monument in terms of its attributes and represents a pecuniary equivalent for direct and/or indirect monument consumption. The concept of monument annuity represents an irreplaceable economic instrument through which the economic value of the monument is asserted on the market. The introduction of monument annuity in Croatia has already had a considerable effect on the amount available for expenditure on maintaining the cultural heritage.