Croatia, Rab - Two bedroom apartments with sea view

Ref. : 2022/210 - Apartment - For Sale
Selling price: 199.500 €
Living space: 79 Rooms: 2 Bathrooms: 1 Distance from sea: 100 m
Description:
  • Sea view
  • Parking
  • New build

Two bedroom apartments located in the center of a small tourist place on the island of Rab, overlooking the beautiful beach and the sea.

Apartment with total living area of 79 m2 consists of two bedrooms, living room, kitchen with dining area, bathroom, toilet and access to the terrace. It also has a separate storage room located on the same floor and one parking space in the courtyard.

The entrance door to the apartment is in the burglar and fire protection design with additional reinforced sound insulation. There is a high quality hardwood in bedrooms and first class ceramic tiles in other rooms.

The apartment is located in a building designed to meet energy class A, and for sale are five more apartments with the same square footage and similar interior layout.

All apartments are air-conditioned with a terrace or balcony and one parking space.

Ground floor apartments have a front garden.

The planned completion of the project is in the fall of 2020.

Apartments by floors:

  • Apartment 1 - ground floor, total living area of 79 m2 with associated garden of 90 m2
  • Apartment 2 - ground floor, total living area of 79 m2 with a garden of 80 m2
  • Apartment 3 - 1st floor, total living area 79 m2
  • Apartment 4 - 1st floor, total living area 79 m2
  • Apartment 5 - 2nd floor, total living area 79 m2
  • Apartment 6 - 2nd floor, total living area 79 m2

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Location description
Rab
Rab (Latin: Arba, Italian: Arbe, German: Arbey) is an island in Croatia and a town of the same name located just off the northern Croatian coast in the Adriatic Sea. The island is 22 km (14 mi) long, has an area of 93.6 km2 (36 sq mi)[1] and 9,480 inhabitants (2001). The highest peak is Kamenjak at 408 m. The northeastern side of the island is mostly barren, karst, while the southwestern side is covered by one of the last oak forests of the Mediterranean. 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 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.