Croatia, Split area - Extremely attractive land first row to the sea, for sale

Ref. : 2019/16 - Land plot / Investments - Sold
Selling price: 1.700.000 €
Land space: 2113 Distance from sea: 5 m
  • First row to the sea
  • Sea view

On sale is very attractive construction land for mixed use, first row to the sea, near Split.

Land area is 2113 m2, property is neat and free of charge. The spatial plan defined the purpose as mixed (M5). In mixed-use zones - mostly tourist M5 it is possible to build primarily commercial buildings for catering and tourist purposes (meaning exclusively hotels, apartments and guesthouses) residential and commercial buildings, buildings intended for social and public amenities, especially cultural activities.

In these zones it is not allowed to construct buildings of production purpose or warehouses. (7) In these zones, residential buildings are built as individual or multi-storey (residential or residential business buildings).

Land is one of the last in this attractive location, especially since there is no road between it and the sea. Dimensions are approximately 40x50m. There is a real possibility to build two villas with a pool, two apartment houses or an attractive hotel with a beach access. The plot is comfortably equipped with excellent access to the road.

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Location description
Split area
Split is situated on a peninsula between the eastern part of the Gulf of Kaštela and the Split Channel. The Marjan hill (178 m), rises in the western part of the peninsula. The ridges Kozjak (779 m) and its brother Mosor (1339 m) protect the city from the north and northeast, and separate it from the hinterland. 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 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.