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Villa 1400 м² in Hvar, Croatia

3 294 617 $

2 353 $ /м²

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Area

1400 м2

Bedrooms

5

Bathrooms

5

Villa in Split-Dalmatia. City - Hvar

Project of luxury villa on the island of Hvar!
Top position just 1,4 km from the centre of Hvar town, just 450 metres from heliodrom, just 350 metres from the sea!

Projected on a huge land plot of 30 000 sq.m. this is a conceptual villa of 1400 sq.m. max. (400 sq.m. main space + 1000 sq.m. underground space).
There are several concepts of the project:

1) Luxury family summer house with 5 bedrooms on the ground floor and service quarters, wellness with indoor swimming pool, kitchen, alternate living room and oil production in the basement;
2) Small boutique hotel with 5 bedrooms (classified as Agricultural family settlement with rooms to rent);
3) Actual Agricultural family settlement with a 2 bedroom apartment for the owner in the basement and 5 rooms on the ground floor to rent and wellness with a pool, shop with local and in house products, and an alternate living and dining room for the guests;
4) Actual Agricultural family settlement with a 3 bedroom apartment for the owner in the basement where above mentioned alternate living and dining room serves as owners living room and 5 rooms on the ground floor to rent and wellness with a pool for the guests.
5) Actual Agricultural family settlement with a 2 bedroom apartment for the owner in the basement and 5 rooms on the ground floor to rent and wellness with a pool, shop with local and in house products, and an alternate living and dining room for the in house guests and guests that do not sleep in the house; For that kind of setup, it was necessary to use all possible gross area (1.400 sqm). Also, to minimize the lack of sunlight in the basement, we designed 3 atriums that serve as evacuation routes as well.

In order to maximize the 30.000 sqm plot, we designed an outdoor swimming pool, a hot tub with a terrace, dining and lounge terrace and a small outdoor projection amphitheatre, all dislocated from the main building in a way that you mentally separate yourself from the house and have the feeling of seclusion, peace and connection to nature.

There are three similar land plots of 30.000 sq.m. each in Uvala Vira (Bay Vira).
There are two land plots of 30.000 sq.m. in Starigrad area on Hvar island.

Ideal land plots for realization of LUX estate project with wonderful lavanda fields and vineyards!
Construction to be started in October 2020, villa to be ready by May-June 2021.

Similar concepts can be realized on similar land plots of 4000 sq.m. and 8000 sq.m.

Ref: RE-LB-AB-V

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.

Services and facilities

Pool

Additional details

Property type

Residential Properties

Object type

Villa

Price

3 294 617 $

Land area

30000

Characteristics

Pool

FAQ

In Croatia a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Hvar; 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 Hvar 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 (3 294 617 $) 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 Hvar: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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