Croatia, Brac - House with pool, first row by the sea

Ref. : 2016/338 - House / Villa - For Sale
Selling price: 700.000 €
Living space: 154 Land space: 364 Rooms: 4 Bathrooms: 2 Distance from sea: 10 m
Description:
  • First row to the sea
  • Swimming pool
  • Sea view
  • Stone house

Stone house, detached, for sale, located in a picturesque fishing village on the northern side of the island of Brač. in the first row by the sea, with 108 m2 of living space on the ground floor and additional 47 m2 of basement, with a land plot of 364 m2 with a nice garden, summer terrace with fireplace and swimming pool.

The house consists of basement and ground floor. In the basement there is a space that used to be a tavern, with the potential to turn this space into a complete apartment (room, kitchen, bathroom) with a small terrace in front..

On the ground floor there is a comfortable apartment with 4 bedrooms and two bathrooms, dining / living room and kitchen. The ground floor has a large balcony surrounding the entire house, and two separate terraces behind the house.

The advantage of this house is that it has the ability to lift the entire additional floor and the high attic, which could turn this property into a nice smaller family hotel, especially by its position in a quiet position directly by the sea, and the pool that ideally complete this offer.

The house is fully furnished and decorated, in excellent condition, exudes the charm of the past and hides great potential for the future. This kind of real estate are rare on the market since they represent a complete offer. This home lacks a parking space, but the concept of the garden itself makes it easy to implement the parking space within the existing boundaries of the yard.

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Location description
Brac
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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FAQ

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.