Croatia, Hvar - House at first row the sea sea, at exceptional location

Ref. : 3825/30 - House / Villa / Hotel - For Sale
Selling price: 1.500.000 €
Living space: 550 Land space: 520 Rooms: 12 Bathrooms: 11 Distance from sea: 5 m
  • First row to the sea
  • Sea view
  • Parking

Fully renovated house in the first row to the sea, with a total of seven apartments that are independent of each other. All apartments are fully furnished, equipped with air conditioning. from the apartment, there is a beautiful view of the sea. The beautiful location surrounded by tall pines and the perfect Mediterranean atmosphere makes this property perfect for a relaxing vacation as well as for investment in tourist rental.

The total residential area is 550 m2, placed on a plot of 520 m2. In front there are 7 parking spaces. Distance to the town is about 1 km, which can be reached by car or promenade, where is a large offer of bars, restaurants, supermarkets ...

In the garden there is a barbecue and an outdoor shower. In front of the house is a rocky beach, and not far from the property the pebble beach.

Apartment A1 - 2 bedrooms - 2 bathrooms - terrace and private garden - total 78.62 m2
Apartment A2 - 2 bedrooms - 2 bathrooms - terrace - total 72,40 m2
Apartment A3 - 2 bedrooms - bathroom - terrace and private garden - total 82.12 m2
Apartment B1 - bedroom - bathroom - terrace - total 52.30 m2
Apartment B2 - bedroom - bathroom - terrace - total 82.45 m2
Apartment C1 - bedroom - bathroom - terrace and private garden - total 33,42 m2
Apartment C2 - bedrooms - three bathrooms - terrace - total 148 m2

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Location description
Hvar (pronounced [xv̞âːr]; local Chakavian dialect: Hvor or For, Greek: Pharos, Φάρος, Latin: Pharia, Italian: Lesina) is a Croatian island in the Adriatic Sea, located off the Dalmatian coast, lying between the islands of Brač, Vis and Korcula. Approximately 68 km (42.25 mi) long,[1] with a high east-west ridge of Mesozoic limestone and dolomite, the island of Hvar is unusual in the area for having a large fertile coastal plain, and fresh water springs. 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.