Brimming with history, culture, and natural beauty, Primošten is a small town in the Šibenik-Knin county of Croatia. Nestled on a small island close to the mainland, Primošten promises breathtaking views featuring the deep blue waters of the Adriatic Sea. Known for its vineyards and the beautiful Church of St. George, Primošten exudes an unmatched ancient charm. The town, having preserved its medieval aura, is a idyllic fusion of cultural heritage and modern amenities.
The Exclusive Property Market in Primošten
The exclusive property market in Primošten is significantly stable with a strong demand, which is steadily met by the supply of luxury homes and apartments. The political and economic situation in Primošten is stable, contributing to the thriving real estate market.
Costs Involved In Buying Property in Primošten
Purchasing a luxury home or apartment in Primošten involves various expenses including a real estate commission paid by both buyers and sellers — averaging around 3-6%. Additional costs include transfer tax, notary fees, and possible construction inspection and legal charges. The transfer tax on private property in Primošten is around 4%. Ownership of private property also attracts wealth tax.
Taxation on Property Sales and Corporate Profits
Selling a privately-owned home or apartment, whether used as a main residence or a vacation home, may require tax on the profit made, with specifics depending on the individual situation. Corporate tax on profits for registered companies in Primošten is 18% while the income tax ranges between 24 - 36%, thus making it advantageous for businesses and residents.
Mortgage Requirements for Buying a House in Primošten
The general mortgage requirements in Primošten often necessitate a balance between local and foreign capital, and income. A buyer can borrow a maximum of 80% of the purchase price.
Prime Locations in Primošten
The most sought-after residential areas flaunting luxurious houses include the coastal areas taking advantage of the stunning sea views.
Accessibility and Proximity to Primošten
Primošten, about 60km from the major city of Split, enjoys excellent road connectivity. It's about 40km from Split Airport, the nearest international airport.
Education and Healthcare in Primošten
Primošten sports several schools and universities in its vicinity. The health sector is robust with several hospitals and clinics such as the General Hospital Šibenik offering quality medical services.
Lifestyle and Amenities in Primošten
Being a prime location on the Adriatic Sea, Primošten boasts of recreational water sports, tennis courts, and cycling tracks. Classic boutiques, high-end shops, luxury hotels like Hotel Zora, and renowned restaurants offer a lavish lifestyle. The state-of-art infrastructure supports a successful aging well-being for residents and visitors alike.
Cultural Attractions and Events in Primošten
Primošten is defined by its annual cultural events and carnivals, the famous Summer of Culture program being a major draw. A series of art exhibits, concerts, and theaters illuminate the art scene. Primošten also celebrates its local culture and history with the renowned Donkey Race.
Indeed, Primošten offers an exquisite blend of luxury living, robust infrastructure, and cultural richness, making investment in its real estate a rewarding decision.