Nestled on the Adriatic sea, Dubrovnik-Okolica is a picturesque treasure trove of history renowned for its Old Town surrounded by 16th-century stone walls, Baroque churches, and enviable panoramas. This UNESCO heritage site beckons explorers with its rich cultural past, beautifully preserved gothic, renaissance, and baroque palaces, monasteries, and fountains. Exquisitely positioned in the southernmost part of Croatia, its striking blue sea serves as the perfect backdrop to the city's limestone streets. Its mesmerizing blend of past and present has stirred the interest of many looking for the perfect haven of luxury living.
The State of the Exclusive Property Market in Dubrovnik-Okolica
The luxury property market in Dubrovnik-Okolica is strong and robust. Demand often surpasses the supply of luxury homes and apartments, making property purchase in this region a wise investment. Furthermore, the political and economic climate in the area are stable, indicating a flourishing realm for property exchange.
Property Ownership Costs in Dubrovnik-Okolica
When purchasing a luxury home in this region, it's critical to consider additional costs. The average real estate commission paid by both buyers and sellers ranges from 3% to 6%. The transfer tax on private property is 3%, while notary fees, legal costs, and potential construction inspection costs should also be taken into account.
For local residents, the wealth tax on private ownership of a house varies based on the market value of the property. The profit gained from selling a primary residence is not taxed, while profits from the sale of a second or vacation home entails a tax, which is contingent on the income tax rate of the seller.
Access and Location
Dubrovnik-Okolica is marvelously accessible by road, creating an inviting environment for local and international travelers. It is just 216km away from Split, the nearest big city. Additionally, it's well-connected to the Dubrovnik Airport, an international gateway located approximately 20km away.
Education and Lifestyle Amenities
The region houses a myriad of well-regarded educational institutions. Luxury lifestyle shops are aplenty, offering a wide range of high-end products. For gastronomes, exquisite restaurants serve both indigenous and cosmopolitan cuisines. Lavish hotels, entertaining nightlife, and prestigious events like the Dubrovnik Summer Festival only add to the city's allure.
Nature and Climate
Located in Dubrovnik-Neretva County, Dubrovnik-Okolica is blessed with Mediterranean greenery and clear blue Adriatic waters. With a moderate Mediterranean climate, progressive infrastructure, and diverse outdoor sports activities such as hiking, sailing, and diving, it's a haven for outdoor enthusiasts. Award-winning marinas make it the ideal location for yacht lovers.
Cultural and Artistic Significance
Numerous museums, galleries, theatres such as the Marin Drzic Theatre and the Dubrovnik Natural History Museum contribute to the city's cultural buzz. For healthcare, the city is equipped with leading hospitals like the General Hospital Dubrovnik.
In conclusion, Dubrovnik-Okolica offers an enchanting blend of history, nature, and luxury, making it an alluring choice for those seeking the best in life. Whatever you desire from your luxury home, you will certainly find it in this exquisite Mediterranean gem.