Croatia, Lopud - Old stone house on large land plot

Ref. : 2088/18 - House / Villa / Land plot - For Sale
Selling price: 450.000 €
Living space: 266 Land space: 9203 Distance from sea: 200 m
Description:
  • Sea view
  • Stone house
  • It has an Energy Certificate

For sale is old stone house with a total living area of 266 m2, located on an agricultural plot of 9203 m2.

It consists of the ground floor, where there used to be a wine cellar and served as a mill, the first floor and a high attic. There are two wells, and water and electricity are nearby. The house needs complete renovation and is located on a hill offering a wonderful view of the sea and the Dubrovnik coast.

Surrounded by Mediterranean flora, it is located in untouched nature, at a distance of only 200 m from the sea. The distance from Dubrovnik is 6 nautical miles.

There is a possibility of buying a house and auxiliary buildings on a plot of land of 52,713 m2, which stretches across part of the island from one side of the sea to the other. There is another ruin on the land/property, which is registered in the land register with a floor plan of 140 m2. All this can be bought at a price of 1,600,000 euros.

Location description
Lopud
Lopud (pronounced [lɔ̌pud]) is a small island 4.63 square kilometres (1.79 square miles)[1] off the coast of Dalmatia, southern Croatia. Lopud is economically the most developed of the Elaphiti Islands, and can be reached by boat from Dubrovnik, Trsteno, Orasac and Zaton. The island is famous for its sandy beaches,[2] in particular the bay of Šunj.Lopud is the second largest island of the Elaphiti islands, between Kolocep and Sipan. It is famous as the "island in the middle" (Insula Media, or Mezzo). It has an area of 4.63 square kilometres (1.79 square miles) and its highest point is Polačica, 216 metres (709 feet) above sea level. It has 11.5 km (7 mi) of coastline, of which 1.2 km (1 mi) is sandy. 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 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.