Dubrovnik - Okolica - Župa Dubrovačka - Konavle

Located along the luminous Adriatic Sea, the historic city of Dubrovnik welcomes everyone with its radiant stone walls, fascinating history, and charming old town. A UNESCO World Heritage site, Dubrovnik serves as a testament to the creativity and resilience of human architectural imagination, thanks to its preserved Gothic, Renaissance, and Baroque churches, monasteries, palaces, and fountains. Dating back to the 7th century, the story of Dubrovnik is rich and varied, punctuated by the influence of Byzantine, Ottoman, and Venetian empires. Geographically, it enjoys a strategic location in the south of Croatia, making it a major maritime trade center in the past, and a critically acclaimed tourist spot today.

The Exclusive Property Market in Dubrovnik

The current exclusive property market in Dubrovnik is stable and relatively strong, with a constant steady demand for luxury houses and apartments. This is attributed to the city's attractive and secure position, the appealing Adriatic landscape, and a promising investment climate.

Financial Implications of Buying a Luxury Home in Dubrovnik

Transacting in the luxury home market in Dubrovnik does come with specific costs. Realtor commissions range from 3 to 6% for both buyers and sellers. Transfer tax on private property is presently 3%, while a wealth tax on private property ownership does not exist. The cost of legal services, notaries, and possible construction inspection must also be considered. Regarding taxes on profits made from selling properties, it does not apply to a main residence after a certain period of usage, while it does apply to vacation homes, marking around 24% of the realized gain.

Mortgage Requirements for Buying a House in Dubrovnik

Mortgage requirements vary by financial institution. Generally, a ratio between own and foreign capital is considered (around 20:80), and income requirements are strictly analyzed. The maximum mortgage one can get on the purchase price usually does not exceed 80%.

Delving into the Delights of Dubrovnik - Accessibility and Locations

Dubrovnik, located in the province of Dubrovnik-Neretva, is highly accessible by road from major cities like Zagreb. The city, currently housing around 42,615 inhabitants, is approximately 218 km from Split, the nearest big city. The city has its own airport, Dubrovnik Airport, offering both national and international flights.

Vibrant Living in Dubrovnik - Schools, Universities, and Entities of Interest

Dubrovnik is home to notable educational institutions including the University of Dubrovnik, RIT Croatia and American College of Management and Technology. The city offers public hospitals and a series of private clinics for residents.

Dubrovnik - A High-Octane Blend of Luxury and Lifestyle

Dubrovnik's heritage is complemented by exclusive residential areas like Ploče and Gorica. Here, luxury homes offer impressive views of the old town and the Adriatic Sea. The city unfolds a luxury lifestyle with fancy shops on the Placa street, high-quality hotels like Hotel Excelsior, renowned restaurants including Nautika, and stylish nightlife spots such as Culture Club Revelin. Every year, the city hosts events like Dubrovnik Summer Festival, and sports activities like water polo, tennis and yachting are very popular. Museums like the Rector's Palace, and the Maritime Museum, and theatres like the Marin Držić theatre contribute to the lively culture and arts scene.

Living the Good Life, Dubrovnik Style

Being located on the Dalmatian coast, the city has a typical Mediterranean climate and is surrounded by breathtaking natural beauty including the Elaphiti Islands. State of public infrastructure is well-developed with amenities like water supply, electricity, and internet easily available. Clinica Medica General Hospital and Dubrovnik General Hospital are known for their medical services. You can say, living in Dubrovnik is all about embracing the allure of the Adriatic lifestyle.