Croatia, Makarska - Apartment house, seafront

Ref. : 2018/144 - House / Villa - Off market
Selling price: 1 €
Living space: 243 Land space: 380 Rooms: 6 Bathrooms: 7 Distance from sea: 5 m
Number of floors: 4
  • First row to the sea
  • Swimming pool
  • Sea view
  • It has an Energy Certificate

House first row to the sea, living area of ​​243m2 with a yard of 380m2, located on the beach in a small fishing village near the town of Makarska. The house was built in 2007 and consists of four floors.

The ground floor has a living room, kitchen, dining room and a larger room that serves as storage. The ceiling height on the ground floor is more than 3m. Due to the location of the property and the attractive position, the ground floor can be rented as a cafe bar, tavern, restaurant, warehouse, etc ..

On the first floor there are two studio apartments with separate entrances. They consist of a mini kitchen, a bathroom and a room with a dining table, chairs and a bed. On the second and third floors there are also located two studio apartments.

All six studio apartments have separate entrances, sea views and exit to the balcony. The house is for sale furnished. The furniture is mostly from India. This property used to be the first oil mill in the place, and the original stone walls remain on the ground floor, which gives it a special charm. On a plot of approximately 380m2 is a swimming pool, fireplace, sauna, shower and terrace that offers safe shade in summer and serves as an outdoor living room. The property has been rented out for many years as a tourist resort as a whole. It has extremely good occupancy and guest reviews. Excellently positioned, in a small picturesque place, it is ideal for fans of this part of the Adriatic.

Location description

Makarska (pronounced [mâkarskaː]) is a small city on the Adriatic coastline of Croatia, about 60 km (37 mi) southeast of Split and 140 km (87 mi) northwest of Dubrovnik. It has a population of 13,834 residents.[1] Administratively Makarska has the status of a city and it is part of the Split-Dalmatia County. It is a tourist centre, located on a horseshoe shaped bay between the Biokovo mountains and the Adriatic Sea.

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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.