Korčula Real Estate For Sale
Korčula, known for its rich cultural heritage and stunning landscapes, offers a wide range of real estate opportunities. From luxury waterfront villas to charming houses, this island caters to buyers looking for both lifestyle and investment potential in this beautiful Croatian island. Whether you’re drawn to its serene fishing villages or lively cultural scene, the Korčula real estate market has something for everyone. Korčula property for sale is a timeless choice for those seeking a home or investment on one of Croatia’s most beloved islands.
Real estate search results - Korcula, For Sale
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Frequently asked questions
Foreign nationals belonging to EU Member States can purchase real estate in the same way as Croatian nationals. Foreign nationals belonging to non-EU countries can purchase real estate in Croatia with cumulatively fulfilled two conditions: reciprocity agreement with the Republic of Croatia and consent of the Ministry of Justice.
In principle, no. Every sale in the Republic of Croatia must be paid in EURO. If a foreign currency payment is made, the bank will convert it to EURO.
The tax liability arises at the time of the conclusion of the contract or other legal transaction that acquires the real estate. The notary is obliged to submit one copy of the document to the Tax Administration within 30 days from the signature on the sale documents. The taxpayer is obliged to pay the determined tax within 15 days from the delivery of the decision on determining the real estate sales tax.
Yes, if it is a citizen of the Republic of Croatia then it is best to certify the contract with our diplomatic mission. If it is a foreign national then with the notarization of the purchase contract with a public notary, the Apostille of public document issued in that state is required.
A down payment is an insurance that the buyer pays to the seller as a sign that the contract has been concluded and a certainty that the obligation will be fulfilled. In practice, the down payment is given on the Pre-contract and is usually 10% of the agreed purchase price. In case of fulfillment of the contract, the down payment is calculated in the total amount of the agreed purchase price.
The Republic of Croatia has a unique real estate tax rate of 3%. The amount of tax is determined on the basis of the price from the contract of sale and the assessment of the competent tax administration. According to the law, the buyer pays tax on the received solution only once.
The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.