Croatia, Ciovo - Luxurious apartment with sea view

Ref. : 2035/51 - Apartment - Sold
Selling price: 259.000 €
Living space: 55 Land space: 64 Rooms: 2 Bathrooms: 2 Distance from sea: 350 m
  • Sea view
  • Parking
  • It has an Energy Certificate

Newly built luxury apartment located in Okrug Gornji, on the south side of the island of Čiovo. It is located on the ground floor of a smaller building surrounded by similar newly built objects.

The apartment has 55 m² and consists of a hallway, a bathroom, two bedrooms, one of which has its own bathroom while the other has an exit to the terrace, and a kitchen with a living room from which there is also an exit to a covered terrace and a garden with a partial view of the sea.

The apartment is fully equipped with quality furniture and is being sold as such. The entire apartment is equipped with underfloor heating and three air conditioners and has one parking space. It has a spacious basement which also has underfloor heating and the buyer can equip it according to their own preferences. The swimming pool and the surroundings of the building are for the common use of all tenants of the building.

The property is excellent for tourist rental due to the proximity of all facilities and the airport which is only 10 km away.

Location description
Ciovo (pronounced [tʃîɔv̞ɔ]; Italian: Bua) is a small island located off the Adriatic coast in Croatia with an area of 28.8 square kilometres (11.1 sq mi) (length 15.3 km (9.5 mi), width up to 3.5 km (2.2 mi)),[1] population of 6,071 inhabitants (2001) and its highest peak is 218 m (Rudine). 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 EURO. If a foreign currency payment is made, the bank will convert it to EURO.

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.