Croatia, Split center - Three bedroom apartment, close to center, for sale

Ref. : 2016/285 - Apartment - For Sale
Selling price: 260.000 €
Living space: 80 Rooms: 3 Bathrooms: 1
Number of floors: 1
Located on floor no.: 1

Spacious three bedroom captain apartment for sale, located near the west coast and strict city center, with total living space of 80 m2.

The apartment is located on the first floor in a small 5-storey residential building. It is in good condition even though adaptation will be needed.

It consists of a spacious hallway, large living room with balcony access, three bedrooms, of which two are facing north, and one is on the south side and have a balcony access. Also on the north side of the apartment there is a kitchen and a bathroom.

It is a quality apartment built in a seldom available position, ideal for returning investment through a tourist rental. Since the building is positioned along the Marjan Hill, there is plenty of fresh air, which is quite significant for the hot summer months.

The building itself requires a bit of freshness in terms of interior painting, changing the front doors, etc., but as mentioned above, it is a everlasting quality building. The apartment has the option to close the balcony, which would provide an additional 10 m2, which would make the whole adaptation more interesting.

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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

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.