1 451 450 $
Villa with 7 bedrooms in Korcula, Croatia
Korcula, Croatia
Discover the pinnacle of Adriatic elegance with this villa in Croatia for sale – one of the most impressive coastal villas in Croatia, a unique luxury property on the cha...
Villa in Dubrovnik-Neretva. City - Mokosica
Villa meant for complete reconstruction on the FIRST sea line in Dubrovnik (Mokosica area) with a private pier for a boat up to 12 meters long.
The area of Mokosica is the perfect shelter for a yacht in the Dubrovnik area, not far from the city center!
It was a beloved place of Croatian captains since the beginning of times. They were building their villas-palazzos on the shores of Mokosica bay and many of these villas (captainss houses) still constitute archictural style of South Dalmatia and Dubrovnik.
This is one of these seafront buildings with an area of 250 m2 and a relatively large plot of 1,700 m2.
Between the sea and the building - there is a children playground.
The building requires complete renovation. It's age is 135 years. Not very old in comparison with many surrounding captain's villas but already with some history.
A large plot implies a variety of usage opportunities: there can be a swimming pool with a summer kitchen and a dining room, a barbecue area, a play area, a parking garage with a garage, and additional buildings.
This is a great place for luxury villas for yachts owners.
Update on 09/11/2018
Overall additional expenses borne by the Buyer of real estate in Croatia are around 7% of property cost in total, which includes: property transfer tax (3% of property value), agency/brokerage commission (3%+VAT on commission), advocate fee (cca 1%), notary fee, court registration fee and official certified translation expenses. Agency/brokerage agreement is signed prior to visiting properties.
In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Mokosica; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Banks in Croatia finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
A title search at the land registry of Croatia takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Yes. Rental income tax is 5–25% depending on the regime. In Mokosica short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Yes. An inspection costs about 0.5–1% of the price (1 451 450 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
A typical transaction runs 30–90 days, averaging 45 in Mokosica: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).