Croatia, Brac - Attractive land with building permit

Ref. : 538/28 - House / Villa / Off Plan / Land plot / Investments - For Sale
Selling price: 740.000 €
Living space: 370 Land space: 1028 Rooms: 4 Bathrooms: 8 Distance from sea: 20 m
  • First row to the sea
  • Swimming pool
  • Sea view
  • Parking
  • Garage
  • Luxury
  • Modern
  • New build
  • Top offer

This attractive land with valid building permit for a modern villa, is located in the small, traditional village name Splitska, on the north side of the island, ~7km from ferry port in Supetar.

Position of the property is in the center of village, with a view on a sea, harbor, and the village center.

Villa is net size of 370m2, on basement with a two additional floors.

The main entrance to the residential building is located on the northeast side of the house, over a covered terrace, on the basement floor.

On the basement floor there is a tavern for socializing with a winery, two bedrooms with bathrooms and engine room and laundry.

The floors are connected by a double AB staircase and an elevator, which is processed in a separate folder.

The elevator is internal, ie it serves only tenants, not guests.

On the ground floor there is a living room with kitchen which continues to the covered terrace area with fireplace and infinity swimming pool size of 62.5 m2 with countercurrent swimming and heating system.

On the 1st floor there are two more bedrooms with their terraces.

All bedrooms has its own bathroom, while master bedroom has private wardrobe.

So, inside of the villa there is total of 4 bedrooms, 4 bathrooms + 4 WC.

Inside of car garage (41.70m2) and outdoor parking, there is enough place for 5 average size cars.

Central and underfloor water heating is installed throughout whole villa, also as installation of solar panels collectors.

Construction jobs are possible to start immediately.

Location description
Brac (pronounced [brâːtʃ]; local Chakavian: Broc, pronounced [broːts]; Latin: Bretia, Brattia; Italian: Brazza) is an island in the Adriatic Sea within Croatia, with an area of 396 square kilometres (153 sq mi),[1] making it the largest island in Dalmatia, and the third largest in the Adriatic. Click for more
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These are questions and answers on some frequently asked questions about real estate in Croatia, for any other questions feel free to contact us or come to our office and we will be glad to help you.

1. Can foreign nationals buy real estate in Croatia?

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.

2. What is the real estate tax in the Republic of Croatia?

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.

3. What is the tax on real estate swap?

The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.

4. In what time span real estate sales tax must be paid?

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.

5. What is a down payment and how much is it?

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.

6. Can the amount of real estate purchase be paid in foreign currency?

In principle, no. Every sale in the Republic of Croatia must be paid in HRK. If a foreign currency payment is made, the bank will convert to HRK.

7. Is it possible to conclude and certify a contract of real estate sale abroad?

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.