Croatia, Omis - The old house, for sale

Ref. : 2016/155 - House / Villa - For Sale
Selling price: 650.000 €
Living space: 510 Land space: 600
Number of floors: 3

Old detached house, on sale, on three floors, with the possibility to raise an additional floor and attic.
The total current residential area is 510 m2, ie 170 m2 per floor, with possible additional 170 m2 + attic.
The yard area is 600 m2, most of which is located behind the house.
The house requires complete renovation.

Situated near the center of Omiš, the property hides great potential in the form of a hotel or hostel accommodation, since Omiš is a very attractive destination for young adventurers in terms of it's geographical position, Cetina canyon and many sports activities that have been established for over a number of years as the main carrier of tourist activities of the town of Omis (rafting, biking, canyoning, hiking, climbing, wind sufing, zip-line adventure ..)

As a result, this house represents an extraordinary investment for the accommodation of younger guests who are increasingly present in this area every year because of the constantly developing and improving sport activities.

The existing existing quadrature, together with the option of upgrading an additional floor, leaves a wide space for a variety of interior layout options, which ultimately will result in a optimal return on investment.
One rare opportunity on this part of the coast with huge potential for future tourist demands.

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Location description
Omiš (pronounced [ɔ̌miːʃ], Latin and Italian: Almissa) is a town and port in the Dalmatia region of Croatia, and is a municipality in the Split-Dalmatia County. The town is situated approximately 25 kilometres (16 miles) south-east of Croatia's second largest city, Split. Its location is where the emerald-green Cetina River[1] meets the Adriatic Sea (Croatian: Jadransko More). Omiš municipality has a population of 14,936[2] and its area is 266 square kilometres (103 sq mi). Click for more


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.