Croatia, Korcula - Three objects overlooking the sea

Ref. : 2013/74 - House / Villa - Off market
Selling price: 1 €
Living space: 200 Land space: 2787 Rooms: 2 Bathrooms: 2 Distance from sea: 200 m
Number of floors: 1
  • Sea view
  • Parking
  • Garage
  • Stone house
  • It has an Energy Certificate

The property is located in a bay protected from the wind, and isolated from the everyday crowds, on the southeast side of the island.

A plot of land with an area of 2,787 m2 is for sale, on which there are two smaller single-story buildings and a garage, which can be converted. The larger building is intended as a studio apartment, has one room and a bathroom, and a glass-enclosed terrace. The smaller building has a room that can be used as a bedroom with a bathroom, and a covered terrace.

The property offers an unobstructed view of the bay and the sea, only 200m away, which leads to a sun-kissed pebble beach. The total area of these two buildings with terraces is 200m2, and there are about 24 olive trees on the land. This idyllic property is perfect for someone looking for seclusion, privacy and an escape from the busy everyday lifestyle.

With investment, the potential of this property for tourism or simply to enjoy the natural environment is enormous.

The property uses solar panels and a water tank, given that there is no electricity network or water supply in the bay, because it is a location that is more secluded and far from larger places, and is intended exclusively for owners who want to enjoy peace and quiet, as far as possible from everyday life. crowds. It is located on agricultural land, so there is no possibility of additional construction or expansion, but only renovation within the existing dimensions.

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


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 EURO. If a foreign currency payment is made, the bank will convert it to EURO.

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.