Croatia, Split center - A well run restaurant in the center of Split, for rent

Ref. : 2016/376 - Commercial Space - Sold
Selling price: 1 €
Living space: 78
Number of floors: 2

A restaurant in the center of Split, for a long-term rent, located in a frequent location with quality business opportunities.

The restaurant is designed on two floors, with a total area of ​​78 m2, so that on the lower floor there is a large bar and two sanitary facilities for guests, while on the upper floor there is a fully equipped kitchen with neatly maintained three-year-old equipment and a staff bathroom, together with a changing room.

The kitchen and the bar communicate via a smaller freight elevator so that the complete service is established.

The restaurant has a concession contract for the lease of the outdoor terrace, which has 67 seats, and is paid monthly 5200 kuna in the summer period of 5 months.

The asking price is 4000 euros a month, a year in advance and the new landlord is obliged to take over the complete equipment (no additional payment).

Considering that the restaurant is fully equipped and fully functional, with all necessary permits and attestations for catering business, restaurant is ready to start working at any time.

Considering all of the mentioned above, this is an offer that is exclusively related to the summer season, and given all the tourist parameters of the city of Split, the arrangement of the restaurant itself and the location where it is located, the restaurant has excellent conditions for quality business.

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Location description
Split center
Split (Croatian pronunciation: [splît]; Italian: Spalato, see Name section) is the second-largest city of Croatia and the largest city of the region of Dalmatia. It lies on the eastern shore of the Adriatic Sea, centred on the Roman Palace of the Emperor Diocletian. 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.