Croatia, Pag - Villa with luxury apartments, first row to the sea

Ref. : 2022/311 - Apartment - Sold
Selling price: 220.000 €
Living space: 62 Rooms: 2 Bathrooms: 1 Distance from sea: 10 m
  • First row to the sea
  • Sea view
  • Parking
  • Luxury
  • It has an Energy Certificate

For sale are luxury apartments located in a prime location next to the beach on the island of Pag. Villa consists of 5 floors on which there are 9 luxury apartments and two penthouses equipped with top quality materials.

Villa has been carefully designed to allow open sea view. Each apartment is south facing with a large spacious terrace.

10 two-bedroom and one three-bedroom apartment are equipped with top quality panoramic aluminum joinery. Apartments also have electric underfloor heating and electric shutters. Balcony railings are glass and there are several indoor air conditioning units per apartment.

The equipment also includes the Smart Home System, Grohe sanitary ware, the Geberit concealed system and the Vellis Evo narrow electric water heater, and the room door has hidden hinges.

Apartments are located at a distance of about 10 km from Novalja and nearby there are restaurants, market, coffee bar...

Apartments represent an excellent investment opportunity because they offer exceptional potential both because of the location where they are located and because of their first-class equipment.

• A1 - ground floor - 2 bedrooms - living area 69m2 (indoor 43m2 + 26m2 terrace) - SOLD
• A2 - ground floor - 2 bedrooms - living area 81m2 (interior 51m2 + terrace 30m2) - 290.000 €
• A3 - ground floor - 2 bedrooms - living area 76m2 (interior 59m2 + terrace 17m2) - 260.000 €
• S1 - first floor - 2 bedrooms - living area 62m2 (indoor 43m2 + 19m2 terrace) - 220.000 €
• S2 - first floor - 2 bedrooms - living area 67m2 (interior 47m2 + terrace 20m2) - SOLD
• S3 - first floor - 2 bedrooms - living area 70m2 (indoor 59m2 + 11m2 terrace) - SOLD
• S4 - second floor - 2 bedrooms - living area 58m2 (indoor 43m2 + 15m2 terrace) - SOLD
• S5 - second floor - 2 bedrooms - living area 67m2 (interior 47m2 + terrace 20m2) - SOLD
• S6 - second floor - 2 bedrooms - living area 71m2 (indoor 59m2 + 12m2 terrace) - SOLD
• S7 - third floor - 2 bedrooms - living area 117m2 (59m2 interior + 58m2 terrace) - SOLD
• S8 - third floor - 3 bedrooms - living area 144m2 (interior 83m2 + terrace 61m2) - 475.000 €

Location description
Pag (pronounced [pâːɡ]; Latin: Pagus, Italian: Pago, German: Baag) is a Croatian island in the northern Adriatic Sea. It is the fifth-largest island of the Croatian coast, and the one with the longest coastline. In the 2011 census, the population of the island was 9,059.[1] There are two towns on the island, Pag and Novalja, as well as many smaller villages and tourist places. Pag is the only Croatian island that is administratively divided between two counties. Its northern part belongs to Lika-Senj County, while the central and southern parts belong to Zadar County. Click for more
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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 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.