Croatia, Vis - An idyllic estate on the island of Vis, for sale

Ref. : 2016/337 - House / Villa - Off market
Selling price: 1 €
Living space: 484 Land space: 31000 Rooms: 3 Bathrooms: 4 Distance from sea: 700 m
Number of floors: 1
  • Swimming pool
  • Sea view
  • Parking
  • Stone house
  • New build

An idyllic estate on the island of Vis, with open sea view, extending over 30,000 m2 of land, on which is built a modern unfinished villa, total gross residential area of ​​about 336 m2, a guest house of gross area of 48 m2, a separate wine cellar positioned in the center of vineyards and equipped sanitary node for the visitors of the estate.

Apart from the mentioned facilities, on the agricultural part of the property there is a cultivated olive grove, vineyard and orchard. The olive grove extends to 15,000 m2 and has planted about 200 olive trees, which annually produce about 70 L of virgin olive oil.

The vineyard stretches to 13 000 m2, and it contains about 10500 vine plants of Vugava and Plavac mali, which together produce about 40 hl of wine per year. On rest of the agricultural land 30 fruit trees are planted, autochthonous for the Dalmatian climate such as figs, briars, plums, peaches, walnuts, cherries, etc.

The main object, although unfinished, is in a high degree of completion, so all installations have been carried out, including underfloor heating and air conditioning for each room, all partition walls have been built, all insulation (walls, floors, roofs) are built , and there is a constructed gallery in the living room, as well as an outdoor swimming pool (40 m2) currently being built only in concrete. In view of the above, it is only necessary to make ceramic inserts both on the inside and outside surfaces.

The main building consists of basement and ground floor, with three terraces (covered, spacious outdoor terrace on the south side and additional roof terrace of approx. 70 m2).

The property has its own transformer station as it is an economic estate, water connections and telephone. Given all the above, it is a more luxurious offer on a beautiful position on the island of Vis and excellent potential for the future. The property is specific and requires a visitor to the island of Vis, which in the future will be profiled as a very attractive vacation destination, which is year-round out of the rest of the offer across the Mediterranean thanks to its many natural beauties and intimacy.

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Location description
Vis (pronounced [ʋîːs]; Ancient Greek: Ἴσσα; Latin: Issa, Italian: Lissa) is a small Croatian island in the Adriatic Sea. The farthest inhabited island off the Croatian mainland, Vis had a population of 3,460 in 2011 and has an area of 90.26 square kilometres (34.85 square miles). The highest point of the island is Hum which is 587 metres (1,926 feet) above sea level. 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.