Croatia, Hvar - Stone house by the sea, for sale

Ref. : 2016/293 - House / Villa - Sold
Selling price: 1.300.000 €
Living space: 200 Land space: 620 Rooms: 6 Bathrooms: 4 Distance from sea: 10 m
  • First row to the sea
  • Sea view
  • Parking
  • Stone house

Attractive villa in a unique position in the town of Hvar, first row to the sea, total residential area of ​​200 m2 with a garden of 620 m2

The villa was designed by famous architect Albini in 1938, whose works are being studied at numerous colleges so that the villa itself has been built in a very high quality manner, and to this day it has remained preserved in impeccable condition.

Within the villa is a pleasant 120 m2 of living space divided into two parts. In the first part there is a kitchen, bathroom and a bedroom with two beds, while in the other part of the villa there are two tastefully decorated rooms, a bathroom and a beautiful living room with a dining room which leads out onto a amazing terrace, perfect for enjoying the view of the sea and archipelago of Paklinski islands.

From the terrace there are stairs leading to a spacious garden, cultivated with Mediterranean herbs, and several olive trees, while the other entrance to the villa is set on the back.

Apart from that, there is an extra studio apartment with bathroom, total area of ​​12 m2, with a terrace of 8 m2 and an additional unfinished space for summer kitchen or similar, in the garden part next to the main terrace.

The villa has a valid building permit for raising an additional floor, the total residential area of about 110 m2.

The current owners have built an additional 60 m2 building behind the villa due to the need of modern times and adaptation to the tourist requirements. It is a beautifully decorated two bedroom apartment with a spacious living room and kitchen, bathroom and a pleasant terrace with sea view. On the roof of this building is a spacious parking lot for several vehicles, completely enclosed, while behind the villa there is a small garden with a barbecue.

This exceptional property due to its position and the idyllic western orientation represents a good investment in the city of Hvar from whose center is about a ten minute walk, while the villa itself provides a great deal of privacy and a huge gardening potential.

The future buyer will certainly not remain indifferent to this offer, since this extremely popular area has no similar real estate, so this offer represents a chance that is practically offered once for a lifetime enjoyment in one of the most beautiful parts of the Adriatic with incredible energy, crystal clear sea and romantic view towards the sunset that, with its magic, completes all the happiness that the summer on the island brings.

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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.