Croatia, Peljesac - Apartment building in the first row by the sea

Ref. : 2016/444 - House / Villa - For Sale
Selling price: 1.400.000 €
Living space: 452 Land space: 824 Rooms: 11 Bathrooms: 12 Distance from sea: 10 m
Description:
  • First row to the sea
  • Sea view
  • Parking
  • New build
  • Top offer
  • It has an Energy Certificate

Apartment building, for sale, located in the first row by the sea in a beautiful bay on the west side of the Peljesac peninsula, on a plot of 824 m2, total living area of 452 m2.

The building consists of ground floor, first floor and attic, ie, 5 apartment units (2x75 m2; 2x55m2 and penthouse apartment of 150 m2).

The building has two approaches, one is towards the sea and other is by the road behind the building where each apartment has its own parking space.

A very interesting opportunity for business investment in this part of the coast, given the beautiful environment in which the property is located, high quality construction and the capacity that the building offers.

Location description
Peljesac
Peljesac (Croatian pronunciation: [pɛ̌ʎɛʃats]) (local Chakavian dialect: Pelišac; Italian: Sabbioncello) is a peninsula in southern Dalmatia[1] in Croatia. The peninsula is part of the Dubrovnik-Neretva County and is the second largest peninsula in Croatia. From the isthmus that begins at Ston, to the top of Cape Lovista, it is 65 km or 40 mi long. Click for more
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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 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.