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Villa 300 м² in Milna, Croatia

961 595 $

3 205 $ /м²

4OczT
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Area

300 м2

Bedrooms

3

Bathrooms

3

Villa in Split-Dalmatia. City - Milna

Three modern villas under construction are offered on Brac island in Milna!
There is a land plot of ​​2050 m2 and it  is divided into three smaller land plots, and on each is planned to build a luxury villa with swimming pool, for which there is already project documentation. 
The project is in the phase of submission to the location permit.
Villas will consist of ground floor, first floor and roof terrace with excellent sea views.
They will have 3 bedrooms, 3 bathrooms, toilet, living room with kitchen and dining area, terraces,  jacuzzi, swimming pool, sun deck… Sizes of villas are projected as 300 m2 Brutto.

Construction prices are approximate, depending on the choice of materials and equipment of the buyer;s choice.
The estimated price of the finished villa with land is € 820000.
The evaluation has been done for the upper middle class.
Cost estimates do not apply to landscaping (horticulture, fencing, etc ..). The project does not include interior design and detailed design.
The price of land along the road is higher for a better view of Milna and the sea.

A detailed solution with two houses on the land is also possible. You can also build just one luxury villa.

Update on June 2024:
Construction is not started yet.
The investor is still waiting for building permit.

Ref: RE-LB-IRO-1142

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

961 595 $

Land area

750

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 Milna; 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 Milna 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 (961 595 $) 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 Milna: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).

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