Croatia, Korcula - Renovated stone villa, for sale

Ref. : 2011/16 - House / Villa - For Sale
Selling price: 725.000 €
Living space: 220 Land space: 96 Rooms: 4 Bathrooms: 4 Distance from sea: 3000 m
Number of floors: 2

Villa Ana is originally old stone house built over 200 years ago and fully refurbished in 2010.
Stone walls are 60-80 cm thick and ensure not only the security, but full protection from all climate effects, both cold and summer heats.
"Villa Ana" has been originally built by hard labor, to reach 8 km far quarry they used donkeys. Each day they brought 2 the essential material that this house is built of. To build the house it took them approx. 10 years.
Today’s Villa represents highly representative real village at approx 250 meters of height above the sea level, that enables unforgettable view onto vineyards where indigenous wine breed Pošip is grown.
"Villa Ana" is fully adapted technologically to have phone and internet connections and all other technical gadgets and equipment such as LCD TV sets in all livingrooms, coffee machines, refrigerators and other stuff to ensure modern life style for the future owners.
High quality custom designed furniture is equipped all across the house. Within the house you’ll find custom handmade stone objects, stairways and other objects. Those objects were made by the old craftsman workshop from the city of Lumbarda on Korcula island. They also have been engaged to refurbish the house, and they used replicas of various amenities that decorate the city of Korcula. It is interesting to mention that Villa for everyday use is not using public water supply, but rain water collected into two specially designed big underground tanks carved in stone.

Villa – space description:
House yard is built according to old Dalmatian yards style with stone benches and table.

Rooms specification:
1 Tavern
1 Storage
4 Bedrooms (for 8 persons in total)
5 Livingrooms
4 Bathrooms
4 Kitchens + summer kitchen
5 Terraces out of which 2 covered terraces
1 Outdoor fireplace (barbecue)
Parking for 4 vehicles
Next to the house there is a private land of 96 sq.m for parking.
Villa is sited 3 km from the sea and the most beautiful beaches of island of Korcula, such as Žitna beach and Pupnatska luka beach.

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Location description
Korcula
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

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.