Croatia, Korcula - Luxury villa in construction, for sale

Ref. : 2013/106 - House / Villa / Off Plan - For Sale
Selling price: 950.000 €
Living space: 222 Land space: 670 Distance from sea: 40 m
Number of floors: 3
  • Swimming pool
  • Sea view
  • Parking
  • Luxury
  • Modern
  • New build
  • Best offer
  • Top offer

We offer a luxury villa building project for sale, it is situated on the island of Korčula, in its most beautiful bay with a stunning see view. There are luxury villas and a chapel in the bay. The owners of the properties are business people, sportspeople, artists...There is no intention to build more houses in this location, therefore this is the last villa, which is going to be built in this area.

The construction work is scheduled to start at the beginnig of the year 2021 and the buyer can choose not only from two possible designs of the villa but also from two or three variants of the furniture or equipment. The planned completion is in the second half of the year 2021. All equipment is of the highest quality. The ceramic tiles come from the top suppliers, such as the companies Panaria, Laminam, Keope, Finadre, Love, Armonie, Elios, Catalano, Villeroy Boch . An excellent quality of the equipment is guaranteed by Hansgrohe or Geda. Appliances are provided by brands Miele, Bosch, Gorenje, Electrolux, Franke.

Upon special request, we are also able to arrange a stone from anywhere in the world or any countertops made from artificial material by Caesarstone or Kerrock Pool, using the latest technology!

A 222m2 living space with a swimming pool (with the latest technology the only one in the bay), at least 4 parking places, next to the house there will be a children's playground, landscaped terrain, a building plot is 670m2 large, 1 minutes walk to the seashore, which enables private anchoring. In the villa there is underfloor heating, air conditioning - however not in the true sense of the word but using a built-in technology in the ceiling. There is a five year warranty on indoor and outdoor works.

The price includes: five year villa insurance, outdoor horticulture and indoor maintenance servicesand a camera surveillance. The customer can constantly monitor the works even when he is not physically able to visit the construction site (via video link). There are three floors in the villa.

In the basement, there are situated three bedrooms, bathroom and a toilet. In front of the house you will find a swimming pool with the place for sunbathing and a small playground.

On the ground floor, there is a 35m2 kitchen with a dining room, toilet, laundry room and a storeroom. On the first floor there is an 48m2 open space, kitchen with a dining room, living room, 25m2 gallery, bathroom, toilet and a bedroom.

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Location description
Korcula (Croatian: [kɔ̂ːrtʃula] ( listen); Italian: Curzola, Greek: Κόρκυρα Μέλαινα, Kórkyra Mélaina, Latin: Corcyra Nigra, Korkyra Melaina, Old-Slavic Krkar) is an island in the Adriatic Sea, in the Dubrovnik-Neretva County of Croatia. The island has an area of 279 km2 (108 sq mi); 46.8 km (29.1 mi) long and on average 7.8 km (4.8 mi) wide[1] — and lies just off the Dalmatian coast. 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.