Croatia, Korcula - Magnificent luxury seafront villa

Ref. : 2013/81 - House / Villa - For Sale
Selling price: 1.950.000 €
Living space: 395 Land space: 860 Rooms: 4 Distance from sea: 5 m
Number of floors: 3
  • First row to the sea
  • Swimming pool
  • Sea view
  • Parking
  • Luxury
  • Modern

Magnificent luxury sea-front villa on the island of Korcula, with its own private access to the beach which is just 10 meters away. Villa offers unobstrucred sea view and nature which surrounds it.

The interior and exterior of the villa offers a design of clean lines and simple features with tasteful decor on 395 m2 living space. The villa is a fully air-conditioned on 860 m2 area land plot, offering 4 luxurious and spacious bedrooms. The villa has 3 levels; 2 levels as duplex apartment and one level as a separate apartment/studio.

The studio is fully furnished with a queen-sized bed, living room, kitchen and en-suite bathroom. It also has its own laundry room.

The top two floors of the house have 3 bedrooms with 3 en-suite bathrooms, and an additional guest bathroom on the living room level. Bedrooms are furnished as follows: The master bedroom features a king size bed, office with the desk and TV; the guest room has a queen size bed and TV while the children’s room has two single beds, a TV and an upper gallery kids’ entertainment area. The master bathroom features shower and the tub, and the children’s bathroom has a tub. The guest bathroom which is on the living room level, has a shower. All bathrooms in the villa are equipped with underfloor heating and towel warmers.

There is also a large, fully equipped kitchen with a dining area opening up to a spacious living room perfect for relaxation.

The house offers complete privacy with a hedged fence and trees. It also features a 4x6 meters infinity pool with a sound system. The pool area is surrounded by sun loungers with a heating option. This is an ideal villa for staying all year round.

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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.