Croatia, Vodice - Apartment house by the sea and promenade

Ref. : 2013/73 - House / Villa - For Sale
Selling price: 700.000 €
Living space: 280 Land space: 381 Rooms: 9 Bathrooms: 9 Distance from sea: 20 m
Number of floors: 3
  • First row to the sea
  • Sea view
  • Parking

For sale is an apartment semi-detached house on 3 floors, located next to the sea, beautiful beaches, restaurants and shops.

Since it is located in a smaller tourist place and location, it is an ideal property for tourism purposes, and the ground floor can be used as a restaurant or other business premises.

The house is spread over 3 floors. On the ground floor there is a large and open kitchen with a dining area and a living room with access to a large terrace which is partly covered. There are also two bedrooms, toilet and bathroom, and a separate room which is been used as a summer kitchen.

On the first floor there are 5 bedrooms, each with private bathroom, and two rooms have access to the terraces.

On the second, last, floor there is an apartment with two bedrooms, a bathroom, a kitchen and a living room. Also, the apartment has a large spacious sunbathing terrace.

The communication between the floors is inside the house, but as a separate space which gives privacy for each floor.

In front of the house is a private parking for 6-8 cars.

The house has all the necessary documentation, it is connected to town electricity, water and sewage. Although the property has been maintained and partly renovated, investment is required.

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Location description
Vodice (pronounced [ʋɔ̌ditsɛ]) is a town in the Šibenik-Knin County, Croatia. It borders the Adriatic Sea and has a population of 8,875 (2011 census). 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.