Croatia, Lopud - Renovated house, for sale
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.
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
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.