Trogir - Okolica - Trogir - Seget

Okrug is a charming town steeped in history that is nestled on the picturesque Dalmatian coast of Croatia. Historically significant sites like the medieval Church of St. Chrysogonus and the ancient Roman Quarries set an intriguing backdrop in this exclusive property location. Boasting 2,600 hours of sunshine annually and located just a stone's throw from the lively city of Trogir and Split Airport, Okrug is an ideal location for luxury living.

The Exclusive Property Market of Okrug

Currently, the exclusive property market in Okrug is stable and strong, balancing a steady supply of luxury homes and apartments against a high demand. Okrug’s political and economic situation show stability, further fostering confidence in the luxury real estate market.

Fees and Taxes in Okrug’s Luxury Property Market

On average, both buyers and sellers can expect to pay a real estate commission of around 3% in Okrug. Additional costs when buying a luxury home in Okrug include a transfer tax of 3%, realtor commissions, notary fees, and potential construction inspection or legal costs. In terms of wealth tax, there is no specific tax on private ownership of a house in Okrug. When selling a privatized home or apartment that is used as a main residence, there is no capital gains tax. However, if the property is used as a second home or vacation home, a capital gains tax of 25% applies. Registered companies in Okrug must pay a corporate tax on profits of 18%. And the income tax for residents of Okrug starts from 24% and goes up to 36% based on different income levels.

Mortgage Requirements in Okrug

When considering a mortgage for buying a home in Okrug, the typical loan-to-value (LTV) ratio is around 80%. In other words, customers are required to contribute at least 20% of the property's purchase price as down payment.

Living the Luxury Life in Okrug

Okrug is known for its luxury villas and apartments that dominate areas such as Okrug Gornji and Mavarcica Bay. These high-value neighborhoods are the most sought after in Okrug. Okrug is accessible via the A1 motorway, D58 highway, and the regional railway network. Okrug is just 4.7 kilometers from Trogir, the nearest city, and 6 kilometers from Split Airport, Croatia’s second busiest airport. Okrug is part of Split-Dalmatia county and is home to approximately 3000 inhabitants. It is an idyllic location characterized by its beautiful beaches, stunning coves, and crystal-clear water. The Mediterranean climate of Okrug means warm summers and mild winters, providing the perfect backdrop for abundant sports and outdoor activities including picnicking, hiking, swimming, diving, fishing, and beach volleyball.

Local Amenities and Lifestyle

For those seeking a luxurious lifestyle, Okrug offers high-end shops like Mirabella and Fusion by Martina, as well as high-quality restaurants such as Leonardo and Don Dino. The Okrug Summer Festival and Okrug Donji Car Races are annual events that draw visitors from all over the world. Connoisseurs of arts and culture can enjoy the Galerija CKO and the nearby Trogir City Museum. Medical needs are catered to by Poliklinika Breyer and Lora Medical Centre. And the town's robust public infrastructure ensures easy accessibility to a myriad of amenities. In sum, Okrug offers a wonderful combination of historical charm and modern sophistication to prospective luxury property buyers.