Croatia, Korcula - Unfinished house, seafront, for sale

Ref. : 2013/60 - House / Villa / Off Plan - For Sale
Selling price: 320.000 €
Living space: 170 Land space: 320 Rooms: 4 Bathrooms: 4 Distance from sea: 5 m
Number of floors: 2

Exclusive sale of real estate agency Broker - this property can only be purchased through us!

Description:
  • First row to the sea
  • Sea view
  • Top offer
  • Exclusive sale

Unfinished house, located in the first row by the crystal clear sea in a quiet tourist village Zavalatica, on the south side of the island of Korcula.

The house consists of ground floor and first floor, total living area of ​​170 m2, on a land plot of 320 m2, and is designed in such a way that each floor in nature is a two bedroom apartment with separate entrance, so the entrance to the upper apartment is from the north side of the house, while the entrance to the lower apartment is from the south side.

Looking at floor plans, both apartments are planned the same: kitchen, dining room and spacious living room with access to the terrace, while two bedrooms are located on the east side of the house, between which there is a bathroom, while the main bedroom (with access to the terrace) has additional private en-suite bathroom. The terraces on both floors are quite large, allowing comfortable moments and a beautiful open view of the sea and the archipelago of the Lastovo Islands, as well as a perfect view of the night sky covered with stars, which represents a genuine and romantic thought of connecting with nature and a necessary dose of inner peace for every man.

On the north side of the house is a parking lot for three cars. In front of the house is a small walking path leading to a stone beach with adjusted entrance to the sea, while the island of Korcula itself offers many hidden and intimate beaches that the new owner needs to explore.

Zavalatica itself, as a small tourist town, is located in the central part of the island, and is a small peaceful oasis, unburdened by modern tourism on a massive scale, which offers everything for a normal life, ie, a shop, bakery, and several small restaurants (restaurant, tavern, bar). The village also has a small port where a smaller boat can be held.

Summing up, this house is the perfect combination in terms of investment for a family vacation as well as great potential for tourist rental business. Considering the position, home users have a high dose of intimacy and literally private access to the sea.

An excellent offer for buyers who prefer a more peaceful atmosphere, and on the other hand, the island of Korcula, as a rather attractive island, offers many opportunities for exploration and recreation.

Owner is selling additional property, so it is possible to purchase this house (Korcula - Seafront house, on 2 floors, for sale), or both houses. In this case, this is ideal opportunity for joined investment like big families, friends who like to have houses close by, etc.

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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
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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.