Croatia, Korcula - Stunning villa at first row to the sea

Ref. : 2022/120 - House / Villa - For Sale
Selling price: 950.000 €
Living space: 400 Land space: 1443 Rooms: 5 Bathrooms: 5 Distance from sea: 5 m
Number of floors: 3
  • First row to the sea
  • Swimming pool
  • Sea view
  • Parking
  • Modern
  • Stone house
  • Top offer
Reduced price!

This exceptional villa at first row to the sea, is located at south side of island of Korcula, on one of the best locations on the island.
The villa is built in 1983. and completely renovated at 2012. and it is spread over 3 floors with total living area of 400 m2.
It is placed on a plot of 603m2, and additional plots are from left and right side of the villa, in nature its one unit.
Plot from right side of the villa is size of 570m2 and its constructiable, so it is possible to build another villa on it, or you can just keep it like a nice garden, like its already.
The villa is consist of basement, ground floor, and two floors, with total of 5 bedrooms with 5 bathrooms.
It is total of 4 double bedrooms and one twin bedroom.
Ground floor is biggest floor, with dinning and kitchen area, from which continuoing to the spacious living area with the exit to the terace.
On the terrace there is out door furniture, dining area, grill area, big swimming pool with massage tube, spacious sundeck and private exit to the sea area.
The villa is equipped with quality furniture and only high quality materials.
Location and property offers completely privacy so its guests.
There is parking for 4 vehicles.

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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.