Croatia, Hvar - Newly built villa of traditional style, for sale

Ref. : 2022/123 - House / Villa - Sold
Selling price: 650.000 €
Living space: 260 Land space: 550 Rooms: 4 Bathrooms: 5 Distance from sea: 1500 m
Number of floors: 2
Description:
  • Swimming pool
  • Sea view
  • Parking
  • Luxury
  • Modern
  • Stone house
  • New build
SOLD!

This 5 stars luxury villa is located in small charmy village at north side of island of Hvar.
The villa has established rental business, and has capacity for 8+2 persons.
It is built on the plot of 550m2, with total internal space of 260m2.
Ground floor consist of open plan kitchen, spacious living area with dinning room, guest bathroom, exit on the spacious terrace with cultivated garden and swimming pool of 42m2.
On the first floor there is 4 bedrooms with own bathrooms (en-suite), and balcony. On the basement there is tavern, fitness room with sauna. Basement has under floor heating.
Property has parking for 2 cars.
From the property, distance to the nearest shop, cafe bar, restaurant is 1.5 km, also as sea and beach.
Property is located in small traditional village, but is very near (1.5 km) from nearest bigger town.
This was project of two villas, both villas are for sale.
Another villa you can find on ID: 2022/122

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Location description
Hvar
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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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.