Beautiful old house recently renovated on car free island of Lopud. This old house was carefully and tastefully renovated in 2012. It sits at the heart of the old island fishing village and is just 40 meters from a sandy beach. It would suit a young family and can also serve as an investment - there is strong interest in renting it due to its size and location and it has the necessary permits for that.
On the ground floor is the entry hall, bedroom, bathroom and washing machine room under the stairs. On the 1st floor is the master bedroom, kitchen, WC, living room which opens out on to the terrace. There is no sea view but the sea is only 40 meters from the front door. It is situated in the old village right by the harbour of Lopud. Nearest cafe/restaurant is also 40 meters with several others just 150 meters away. The Island is served by 4 regular ferries per day (50 minutes to Dubrovnik) but it is possible also to reach it by taxi-boat from Dubrovnik.
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.
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.
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.
The tax is also 3%, so each property owner pays 3% of the estimated value of the property for the new property when swapping.
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.
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.
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.
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.