Croatia, Ciovo - Mini hotel / detached house, seafront

Ref. : 2018/143 - House / Villa / Hotel - Sold
Selling price: 1 €
Living space: 1030 Land space: 428 Rooms: 12 Bathrooms: 12 Distance from sea: 5 m
  • First row to the sea
  • Sea view
  • Parking
  • Garage
  • It has an Energy Certificate

Mini hotel / detached house, in an attractive location, first row to the sea. Located in the western part of the island of Ciovo, in a traditional Dalmatian town with a mild climate, lush Mediterranean vegetation and countless small picturesque bays and beaches. Located on a plot of 723m2, the house consists of three floors.

On the first floor, ground floor there is an attractive business space of approximately 300m2. Considering the location and tourist attendance of the place, it is excellent for all types of shops, offices for travel agencies, warehouses, etc.

On the first floor there are six bedrooms with bathrooms. Rooms are equipped with beds, wardrobes and kitchenettes. Rooms located on the south side of the house have access to the balcony, while rooms located on the north side of the house use a terrace of 100m2. Terrace offers a beautiful sea view and serves guests as an outdoor living room where they usually hang out.

On the second floor there are an additional six bedrooms. In the attic there is a small space that serves as storage. The house has a garage and garden of 428m2, which is most often used as a parking lot for cars.

This property is an ideal potential for buyers who want to engage in tourism, as well as for living. It is located near all necessary amenities also 5km from Split Airport and 2.5km from the city of Trogir.

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.