Heaven on Earth, an estate located 4 km from the sea, and five minutes drive from the town of Korcula, in a secluded place. At the property there is a prefabricated house of of 53 m2, with an additional 17 m2 of glazed loggia. The terrain has an area of 4170 m2, and includes two old, stone houses of 16 m2 and 21 m2. The houses are enrolled in the cadastre and have the possibility of reconstruction. From the land, there is a beautiful view of the sea, the Peljesac canal and the island of Hvar.
The terrain is enclosed by stone fences, and all infrastructure is present - electricity, telephone, internet, city water supply, small water tank. Also, there is a possibility of building a swimming pool. The estate consists of olive groves, citrus fruit, fruit trees, vineyards and a part of the forest.
In addition to the mentioned property, there is the possibility of buying an additional agricultural land and a part of the forest, covering 6827 m2, at a price of 35,000 € - total of 280,000 €
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.
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.
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.
The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.
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.
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.
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.
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.