Croatia, Umag - Traditional Istrian villa, for sale

Ref. : 3437/30 - House / Villa - For Sale
Selling price: 2.000.000 €
Living space: 480 Land space: 1000 Rooms: 9 Distance from sea: 30 m
Number of floors: 2
  • First row to the sea
  • Swimming pool
  • Sea view
  • Garage

A traditional Istrian villa in an exclusive location, only a few meters from the sea, with open sea-view. The villa is situated in the residential and peaceful part of the town, and the privacy is provided by the large garden in Mediterranean style with pine trees, magnolia plant, agava plants and palm trees. It is the ideal property for the yacht owners or the sailing enthusiasts, since the ACI Marina is located right in front of the villa. The villa is of the surface of 480 sq m and is situated on the land plot of the surface of 1000 sq m. It was built in the traditional Istrian and Mediterranean style, with high construction standards, with thick stone walls, high ceilings, spacious rooms. It was completely renovated in 2009, keeping many of the traditional characteristics of construction with stone and marble, successfully combinig the traditional with the modern. All the installations are new. The main residence is facing south, with the open sea-view, and extends across two storeys. On the ground floor there is a spatious open plan living room with a dining room, with the exit to the large terrace and the graden, and with a sea-view; a large central kitchen; a bathroom with a shower stall; a lobby with the office space; a bedroom (approx.14 sq m) with a small bathroom; the the spa space that has a separate entrance, with the gym, jacuzzi, sauna and bathroom; a summer kitchen and a laundry room connected by the separate exit with secluded garden space on the west side of the villa, where there is a big marble and wooden table and a stone wood-burning pizza oven, ideal for the barbecue and garden party; and 2 completely separated apartments for guests,which have the separate entrance from the north side of the property. The staircase made of oak wood leads to the upper floor from the lobby, and opens to the gallery which is used as an additional living area with LCD SAT TV, and leading to 4 large bedrooms and 2 bathrooms. All the bedrooms have the exit to the terraces with the seating space. the central heating and cooling are available in all the rooms. The floors in all the rooms are made of oak wood, while the part of the living room and the lobby is covered with the traditional Italian marble. The terraces, bathrooms and kitchens are covered with beautiful Italian ceramic tiles. The property has two entrances; the central entrance through the Mediterranean garden from the south and the back entrance from the north leading to the private parking lot (for 3 vehicles) and to the entrance to 2 apartments.The privacy of the property is also ensured by the beautiful handmade iron fence, and the additional security is provided with the door phones on the entrances. Villa is located only 150 m from the various services and facilities, like shops, restaurants, hotels, beaches, tennis courts, parks for children, and the old part of the town. There is also a new golf course nearby, as well as the other sports services: tennis, diving, sailing, riding etc. The international airports are nearby: 50 km Trieste (Italy), 70 km Pula, 110 km Rijeka, 150 km Ljubljana (Slovenia), 270km Zagreb.

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Location description
Umag (Croatian pronunciation: [ûmaɡ]; Italian: Umago) is a coastal city in Istria, Croatia. The city hosts a yearly ATP tennis tournament on clay courts. 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.